Under GST, there are three levels of Tax IGST, CGST & SGST/UTGST and based on the 'place of supply' and 'place of supplier' the respective tax will be levied. IGST is levied where transaction is inter-state, and CGST & SGST/UTGST are levied where the transaction is intra-state. ...
(n) place of supply along with the name of the State, in the case of a supply in the course of inter-State trade or commerce; (o) address of delivery where the same is different from the place of supply; (p) whether the tax is payable on reverse charge basis; (q) signature or ...
In order to fully appreciate and understand the concept of supply, candidates must grasp the following key concepts: Type of supply –The type of supply will determine the GST attributes of the supply – ie whether the supply is taxable or not. Place of supply –...
13. Place of supply shall be outside India, where job work or any treatment or process has been done on goods temporarily imported into India and then exported out of India without putting them to any other use in India except the uses which were necessary for the purpose of such job wor...
Scroll down to theTax Ratessection and choose the appropriate tax rates. Once done, clickSavefor the changes to take effect. Based on thePlace of Supplychosen during the invoice creation, the system will choose between the set tax rates. ...
If the store location and the place of supply are in different states, the transaction is an interstate sale, and Integrated GST (IGST) must be paid.注意 For these transactions, the fields for the customer address and the registration number are required....
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This article deals with the new OECD international VAT/GST Guidelines on place of supply of B2B Services and Intangibles. The Guidelines were approved by the OECD Committee on Fiscal Affairs in January 2014. The aim of the article is to analyse the new Guidelines from an EU law perspective ...
GST Circular 25/2024 dated 11-9-2024: Clarification on availability of input tax credit in respect of demo vehicles. GST Circular 26/2024 dated 11-9-2024: Clarification on place of supply of data hosting services provided by service providers located in India to cloud computing service providers...
Place of supply of goods in case of export of goods The place of supply of goods is the place where the commodities are exported (a country outside India). The place of supply of services must match the place where the services are provided. If the location of the recipient isn’t rea...