Determination and payment of taxes in GST
CA
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There will be three types of taxes in GST levied on two types of supplies.
Section 3 of IGST Act covers the provisions for inter state supply. Following transactions will be covered in inter state supply.
⊸When the location of supplier and place of supply are in different states
⊸Supply of goods/services in the course of imports
⊸Supply of goods/services when supplier is in India and recipient is outside India
⊸Supply of goods and/ or services to or by a SEZ developer
⊸Supply of goods and/ or services to or by a SEZ Unit
⊸Any supply not covered in intra state supply or anywhere else in this section
Intra state supply is covered by section 4 of IGST Act. Following will be covered in intra state supply:
⊸intra-State supply means any supply of Goods/ services where the location of the supplier and the place of supply are in the same State
⊸Here two terms are important
▫Location of supplier
▫Place of supply
CA Shafaly Girdharwal
CA
New Delhi, India
CA Shaifaly Girdharwal is a GST consultant, Author, Trainer and a famous You tuber. She has taken many seminars on various topics of GST. She is Partner at Ashu Dalmia & Associates and heading the Indirect Tax department. She has authored a book on GST published by Taxmann.
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