The Goods and Services Tax (GST) biggest reform in India’s Indirect Tax Structure since Indian economy began to open up in 1991 and most significant revamp of the tax system post Independence in 1947.This in infact will turn into biggest business reform and will impact way of doing business in India.
ADA taken an initiative towards GST and have started a Knowledge sharing on Model GST Law. Purpose is to discuss most of the important provisions under Model GST Law.
In this direction our first presentation on overview of GST is available on following link:
Second presentation covering about chargeability of CGST, SGST and IGST. The same is available on following link:
Classification of Supply plays important role to characterize the supply as Intra state or interstate supply. On the basis of classification as Intra state or interstate supply CGST and SGST or IGST can be levied. Location of Supplier and Place of supply determine the classification of supply. There are different provisions for Goods and Services to determine the location of Supplier and Place of Supply.Attached article deals with provisions governing location of supplier and place of Supply of Goods.
Our next article i.e. 4th in series will cover provisions governing location of supplier and place of Supply for Services.