Schedule-III of GST Act – Activities Not Treated as Supply (Negative List)

SCHEDULE III of CGST Act, 2017- ACTIVITIES OR TRANSACTIONS WHICH SHALL BE TREATED NEITHER AS A SUPPLY OF GOODS NOR A SUPPLY OF SERVICES [See section 7] 1.   Services by an employee to the employer in the course of or in relation to his employment. 2.  Services by any court or Tribunal established under any law Read more about Schedule-III of GST Act – Activities Not Treated as Supply (Negative List)[…]

Schedule II – Activities to be Treated as “Supply of Goods” or “Supply of Services”

SCHEDULE II of CGST Act, 2017 – ACTIVITIES TO BE TREATED AS SUPPLY OF GOODS OR SUPPLY OF SERVICES [See section 7] 1. Transfer (a)  any transfer of the title in goods is a supply of goods; (b)   any transfer of right in goods or of undivided share in goods without the transfer of title Read more about Schedule II – Activities to be Treated as “Supply of Goods” or “Supply of Services”[…]

Schedule I – Specified Activities Without Consideration to be Treated as “Supply”

SCHEDULE I of CGST Act – ACTIVITIES TO BE TREATED AS SUPPLY EVEN IF MADE WITHOUT CONSIDERATION [See section 7] 1.  Permanent transfer or disposal of business assets where input tax credit has been availed on such assets. 2.  Supply of goods or services or both between related persons or between distinct persons as specified in Read more about Schedule I – Specified Activities Without Consideration to be Treated as “Supply”[…]

Repeal and Saving – Section 174 of GST Act

CHAPTER XXI – MISCELLANEOUS – Central Goods and Services Tax Act, 2017 Section 174 Repeal and saving 174. (1) Save as otherwise provided in this Act, on and from the date of commencement of this Act, the Central Excise Act, 1944 (except as respects goods included in entry 84 of the Union List of the Seventh Read more about Repeal and Saving – Section 174 of GST Act[…]

Removal of Difficulties – Section 172 of GST Act

CHAPTER XXI – MISCELLANEOUS – Central Goods and Services Tax Act, 2017 Section 172 Removal of difficulties 172.  (1) If any difficulty arises in giving effect to any provisions of this Act, the Government may, on the recommendations of the Council, by a general or a special order published in the Official Gazette, make such provisions Read more about Removal of Difficulties – Section 172 of GST Act[…]

Anti-Profiteering Measure – Section 171 of GST Act

CHAPTER XXI – MISCELLANEOUS – Central Goods and Services Tax Act, 2017 Section 171 – Anti- profiteering measure 171. (1) Any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices. (2)  The Read more about Anti-Profiteering Measure – Section 171 of GST Act[…]

Rounding Off of Tax, etc. – Section 170 of GST Act

CHAPTER XXI – MISCELLANEOUS – Central Goods and Services Tax Act, 2017 Section 170 Rounding off of tax, etc. 170. The amount of tax, interest, penalty, fine or any other sum payable, and the amount of refund or any other sum due, under the provisions of this Act shall be rounded off to the nearest rupee Read more about Rounding Off of Tax, etc. – Section 170 of GST Act[…]

Service of Notice – Section 169 of GST Act

CHAPTER XXI – MISCELLANEOUS – Central Goods and Services Tax Act, 2017 Section 169 Service of notice in certain circumstances 169.  (1) Any decision, order, summons, notice or other communication under this Act or the rules made thereunder shall be served by any one of the following methods, namely:— (a)  by giving or tendering it directly Read more about Service of Notice – Section 169 of GST Act[…]

Power to Issue Instructions or Directions – Section 168 of GST Act

CHAPTER XXI – MISCELLANEOUS – Central Goods and Services Tax Act, 2017 Section 168 Power to issue instructions or directions 168 (1) The Board may, if it considers it necessary or expedient so to do for the purpose of uniformity in the implementation of this Act, issue such orders, instructions or directions to the central tax Read more about Power to Issue Instructions or Directions – Section 168 of GST Act[…]