Answer the following independent issues in the context of provisions contained under the GST Act, 2017? Point of Taxation.
CS Professional · Advanced Tax Laws and Practice · PYQS · December 2017
Answer the following independent issues in the context of provisions contained under the GST Act, 2017? Point of Taxation.
Answer & Explanation:
Point of Taxation is not used under GST. The termed used is 'Time of Supply'. The expression 'time of supply' is not defined. The liability to pay GST arises at the 'time of supply' determined in accordance with GST Acts.
Topics: GST Act, 2017
Related Questions in this Topic
- Write short notes on the following: Taking Assistance from an Expert
- Write short notes on the following: Deemed Export
- Write short notes on the following: Common Portal
- The transitional provisions enable the existing tax payers to migrate to GST in transparent and smooth manner under the ...
- Narrate all those advantages which will be available to Trade because of implementation of GST.