
2 Apr 2024 — 2 Apr 2024GST is the tax levied on the supply of goods and services. There is a basic threshold limit of annual turnover to reckon the applicability of.
(1) Subject to the provisions of sub-section (2), there shall be levied a tax called the central goods and services tax on all intra-State supplies of goods or.
The levy and collection of GST are done through two components, Central GST and State GST, and Integrated GST in inter-state transactions. GST is levied on the.
1 Oct 2022 — 1 Oct 2022The lending fee charged from the borrowers of securities has the character of consideration and this activity is taxable in GST since 01.07.2017.
23 May 2024 — 23 May 2024Under GST, CGST is a tax levied on intrastate supplies of both goods and services by the Central Government and collected by it for its coffers.
(i) renting of rooms where charges are one thousand rupees or more per day; . levy of Goods and service. Tax; or. (c) up to an amount of five thousand rupees.
20 May 2020 — 20 May 2020The charging section (Section 9 of CGST Act, 2017, Levy and collection of GST) is the most important section in any law for levy (impose).
15 May 2024 — 15 May 2024GST is a comprehensive 'consumption tax' levied on the supply of all goods and services. Indian GST is a dual model: Central GST (CGST), levied.
12 Sept 2022 — 12 Sept 2022As per section 9 of CGST Act, GST will be levied on intra-State supply of goods or services at the specified rate. As per section 5 of IGST Act.
From Goods and Services Tax (GST)
Composition scheme may not suit all businesses because of its restrictions (concept).
Write any three points clearly (exam style).
Any three conditions (concept/overview):
Write any three in exam points.
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An appeal is a statutory remedy to challenge an assessment/audit/enforcement order if the taxpayer disagrees (concept/overview).
Flow:
Order -> Appeal -> Hearing -> Appellate decision -> Further appeal (if applicable)
Conclusion: Appeals provide a formal mechanism to resolve disputes under GST (concept).