Explain the following terms used under the Central Goods and Services Tax Act, 2017: Manufacture
CS Professional · Advanced Tax Laws and Practice · PYQS · December 2017
Explain the following terms used under the Central Goods and Services Tax Act, 2017: Manufacture
Answer & Explanation:
"Manufacture" Means- processing of raw material or inputs in any manner that results in emergence of a new product having a distinct having a distinct name, character and use and the term " manufacture" shall be construed accordingly.
Topics: CGST Act, 2017
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