17. (1) Out of the integrated tax paid to the Central Government,— (a) in respect of inter-State supply of goods or services or both to an unregistered person or to a registered person paying tax under section 10 of the Central Goods and Services Tax Act; (b) in respect of inter-State supply of goods or […]
Read MoreAuthor: Prashant Thakur
The author has spent more than 30 years in the field of taxation. Wrote four books -3 on on Indian Tax Law and 1 on US tax law for cryptocurrency. Apart from https:taxworry.com , he also writes on https://irstaxapp.com which is for US tax laws. He is a tech enthusiast and manages a cloud computing company that publishes innovative software.
Section – 16 : Zero rated supply
16. (1) “Zero rated supply” means any of the following supplies of goods or services or both, namely:— (a) export of goods or services or both; or (b) supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit. (2) Subject to the provisions of sub-section (5) […]
Read MoreSection – 15 : Refund of integrated tax paid on supply of goods to tourist leaving India
15. The integrated tax paid by tourist leaving India on any supply of goods taken out of India by him shall be refunded in such manner and subject to such conditions and safeguards as may be prescribed. Explanation.—For the purposes of this section, the term “tourist” means a person not normally resident in India, who […]
Read MoreSection – 14 : Special provision for payment of tax by a supplier of online information and database access or retrieval services
14. (1) On supply of online information and database access or retrieval services by any person located in a non-taxable territory and received by a non-taxable online recipient, the supplier of services located in a non-taxable territory shall be the person liable for paying integrated tax on such supply of services : Provided that in […]
Read MoreSection – 21 : Import of services made on or after the appointed day
21. Import of services made on or after the appointed day shall be liable to tax under the provisions of this Act regardless of whether the transactions for such import of services had been initiated before the appointed day: Provided that if the tax on such import of services had been paid in full under […]
Read MoreSection – 13 : Place of supply of services where location of supplier or location of recipient is outside India
13. (1) The provisions of this section shall apply to determine the place of supply of services where the location of the supplier of services or the location of the recipient of services is outside India. (2) The place of supply of services except the services specified in sub-sections (3) to (13) shall be the […]
Read MoreSection – 5 : Levy and collection
5. (1) Subject to the provisions of sub-section (2), there shall be levied a tax called the integrated goods and services tax on all inter-State supplies of goods or services or both, except on the supply of alcoholic liquor for human consumption, on the value determined under section 15 of the Central Goods and Services […]
Read MoreSection – 11 : Place of supply of goods imported into, or exported from India
11. The place of supply of goods,— (a) imported into India shall be the location of the importer; (b) exported from India shall be the location outside India.
Read MoreSection – 10 : Place of supply of goods other than supply of goods imported into, or exported from India
10. (1) The place of supply of goods, other than supply of goods imported into, or exported from India, shall be as under,— (a) where the supply involves movement of goods, whether by the supplier or the recipient or by any other person, the place of supply of such goods shall be the location of […]
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