Expert Knowledge, Straight from Practitioners.

Section 13 of CGST Act:Time of supply of services (Updated till July 2024)

Section 13 of the CGST Act as amended by the Finance Act 2023 Note: Section 13 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text on

Section 11 of CGST Act:Power to grant exemption (updated till on July 2024)

Section 11 of the CGST Act as amended by the Finance Act 2023 Note: Section 11 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text on

Section 23 of CGST Act: not liable for registration (updated till on July 2024)

Section 23 of the CGST Act as amended by the Finance Act 2023 Note: Section 23 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On

Section 22 of CGST Act: Registration in GST (updated till on July 2024)

Section 22 of the CGST Act as amended by the Finance Act 2023 Note: Section 22 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On

Section 15 of the CGST Act: Value of Taxable Supply (Updated till on July 2024)

Section 15 of the CGST Act : Section 15 of the CGST Act provides for the valuation in GST. Although the transaction value is value in most of the cases. There are some exceptions also. It provides for the treatment of discounts and subsidy. When a

Section 18 of CGST Act: Availability of credit in special circumstances (Updated till on July 2024)

Section 18 of CGST Act : Availability of credit in special circumstances Summary chart of section 18 of CGST Act : (1) Subject to such conditions and restrictions as may be prescribed— (a) a person who has applied for registration under this Act

Section 19 of CGST Act: Taking ITC in respect of inputs and capital goods sent for job work (Updated till on July 2024)

Section 19 of CGST Act Section 19 of CGST Act contains the provisions for ITC in respect of inputs and capital goods sent for job work. Summary chart of section 19 of CGST Act : “(1) The principal shall, subject to such conditions and

Section 24 of CGST Act: Compulsory registration (updated till on July 2024)

Section 24 of the CGST Act as amended by the Finance Act 2023 Note: Section 24 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On

Section 20 of CGST Act: Manner of distribution of credit by Input Service Distributor (Updated till on July 2024)

Section 20 of CGST Act :Manner of distribution of credit by Input Service Distributor Summary chart of section 20 of CGST Act : Section 20 of CGST Act contains the provisions for distribution of ITC by an ISD. “(1) The Input Service Distributor

Section 25 of CGST Act: Procedure for registration (updated till on July 2024)

Section 25 of CGST Act as amended by the Finance Act 2023 Note: Section 25 of the CGST Act is amended retrospectively by Finance Act 2023 with retrospective effect from 1st July 2017. The amended portion is depicted with a different color. Text On Section:

Section 16 of the CGST Act: Eligibility and conditions for taking input tax credit (Updated till on July 2024)

Section 16 of the CGST Act: Eligibility and conditions for taking input tax credit Section 16 of the CGST Act provides for the basic eligibility of ITC. Some conditions are laid down in the section. It is divided into four subsections. Section 16(1) provides for

Section 8 of CGST Act:Composite & mixed supply updated till July 2024

Section 8 of CGST Act: What it contains Composite and mixed supply have different treatments. Section 8 of CGST Act provides for that treatment. Supply in the CGST Act includes all the permutation and combinations of supply of goods and services. Section 8 of the CGST Act