Author: Tabish Ahmad

Topic Name – What will be the implications in case of receipt of supply from unregistered persons In case of receipt of supply from an unregistered person, the registered person who is receiving goods or services shall be liable to pay tax under reverse charge mechanism. The tax will be paid by the registered dealer […]

Topic Name – What is meant by Reverse Charge Under GST It means the liability to pay tax is on the recipient of supply of goods and services instead of the supplier of such goods or services in respect of notified categories of supply. The key objective of shifting the burden of GST payments to […]

Topic Name – Are all goods and services taxable under GST Supplies of all goods and services are taxable except alcoholic liquor for human consumption. Supply of petroleum crude, high speed diesel, motor spirit (commonly known as petrol), natural gas and aviation turbine fuel shall be taxable with effect from a future date. This date […]

Topic Name -What are composite supply and mixed supply Composite supply is a supply consisting of two or more taxable supplies of goods or services or both or any combination thereof, which are bundled in natural course and are supplied in conjunction with each other in the ordinary course of business and where one of […]

Topic Name -Who can notify a transaction to be supply of goods or services Central Government or State Government, on the recommendations of the GST Council, can notify an activity to be the supply of goods and not supply of services or supply of services and not supply of goods or neither a supply of […]

Topic Name -Will giving away essential commodities by a charitable institution be taxable activity under GST In order to be a supply which is taxable under GST, the transaction should be in the course or furtherance of business. As there is no quid pro quo involved in supply for charitable activities, it is not a […]

Topic Name -Whether supplies made without consideration will also come within the purview of supply under GST Yes, but only those activities which are specified in Schedule I to the CGST Act / SGST Act. The said provision has been adopted in IGST Act as well as in UTGST Act also. Whereas, the supply made […]

Topic Name -What is the taxable event under GST   Taxable event under GST is supply of goods or services or both. CGST and SGST/ UTGST will be levied on intra-State supplies. IGST will be levied on inter-State supplies. What is meant by Taxable Event Taxable event is that event, happening of which attracts liability […]

Topic Name -Where is the power to levy GST derived from   Article 246A of the Constitution, which was introduced by the Constitution (101st Amendment) Act, 2016 confers concurrent powers to both, Parliament and State Legislatures to make laws with respect to GST i. e. central tax (CGST) and state tax (SGST) or union territory […]

Topic Name -What is Anti-Profiteering measure As per section 171 of the CGST/SGST Act, any reduction in rate of tax on any supply of goods or services or the benefit of input tax credit shall be passed on to the recipient by way of commensurate reduction in prices. An authority may be constituted by the […]