Are self-supplies taxable under GST?

Are self-supplies taxable under GST?

Topic Name – Are self-supplies taxable under GST?

 

Inter-state self-supplies such as stock transfers, branch transfers or consignment sales shall be taxable under IGST even though such transactions may not involve payment of consideration. Every supplier is liable to register under the GST law in the State or Union territory from where he makes a taxable supply of goods or services or both in terms of Section 22 of the  GST law. However, intra-state self-supplies are not taxable subject to not opting for registration as business vertical.

 

 

 

 

 

 

 

 

About Bihar Tax Consultant –

Bihar Tax Consultant is among the best and experienced tax consultant in Bihar. Having the years of experience in handling corporate law matters rights from beginning. We provide our guidance on various issue of Company Law , GST Act , Income Tax Act and other corporate Area.

About Tabish Ahmad

Tabish Ahmad is an Advocate at Patna High Court works in the area of Corporate Law and Corporate Litigations. Tabish represented many clients in complex legal issues focusing on corporate compliance. As An Advocate it is the duty towards nations to make the citizen and businessmen aware about laws and compliances in order to comply as law abiding citizens.

Our Social Media Presence

https://www.facebook.com/bihartax

https://mobile.twitter.com/bihartax

https://www.linkedin.com/in/bihar-tax-consultant-317426232/

https://goo.gl/maps/n58rEH73Fz9GWsfP6

Add comment