Under section 9 5 of the cgst act 2017
Web4 Aug 2024 · On any supply that is not notified under section 9 (5), that is supplied by a person through ECO, the liability to pay GST continues on such supplier and ECO shall continue to pay TCS on such supplies. Thus, present dispensation continues for ECO, on supplies other than restaurant services. Web10 Jun 2024 · 9. ( 1) Subject to the provisions of sub-section ( 2 ), there shall be levied a tax called the. central goods and services tax on all intra-State supplies of goods or services …
Under section 9 5 of the cgst act 2017
Did you know?
Web1 Jul 2024 · Section 9 is the charging provision of the CGST Act. It provides the maximum rate of tax that can be levied on supplies leviable to tax under this law, the manner of collection of tax and the person responsible for paying such tax. Web28 Sep 2024 · (7) Every registered person, who is required to furnish a return under sub-section (1) or sub-section (2) or sub-section (3) or sub-section (5), shall pay to the …
Web5 Jul 2024 · Section 5 of the CGST Act 2024 establishes the hierarchy of authorities and the distribution of powers and responsibilities among them. It enables officers to delegate their powers and duties to subordinate officers and allows officers with concurrent jurisdiction to exercise the powers and duties of central tax officers. —–
WebSection 3 – Officers under this Act; Section 4 – Appointment of officers; Section 5 – Powers of officers; Section 6 – Authorisation of officers of State tax or Union territory tax as proper officer in certain circumstances; CHAPTER III – LEVY AND COLLECTION OF TAX. Section 7 – Scope of supply; Section 8 – Tax liability on ... WebCGST ACT 2024 In this Act, unless the context otherwise requires,–– (1) “actionable claim” shall have the same meaning as assigned to it in section 3 of the Transfer of Property Act, 1882; (2) “address of delivery” means the address of the recipient of goods or services
Web1 Jan 2024 · Explanation: For the purposes of this sub-section, the expression “net value of taxable supplies” shall mean the aggregate value of taxable supplies of goods or services …
Web17 Aug 2024 · There are two provisions under which GST is payable under reverse charge: A) The first one is payable under section 9 (3) of CGST Act, 2024. A list of goods and services on which the tax is payable under the said section is notified thru notification. B) The second provision to pay tax is provided under section 9 (4) of CGST Act, 2024 where … chincharrelhoWeb1 Jan 2024 · (5) Every operator who collects the amount specified in sub-section (1) shall furnish an annual statement, electronically, containing the details of outward supplies of goods or services or both effected through it, including the supplies of goods or services or both returned through it, and the amount collected under the said sub-section during … grand beach fdWeb50(3) of the CGST Act through the Finance Act, 2024. 5 In terms of the amendment in section 50(3) of the CGST Act, interest would be applicable only in cases where the ITC has been wrongly availed and utilised. 6 For this purpose, the CBIC has inserted a new rule 88B to the CGST Rules w.e.f. 1 July 2024 to provide the manner of calculating ... chinchas body shopWeb5 Jul 2024 · Section 5 of the CGST Act 2024 establishes the hierarchy of authorities and the distribution of powers and responsibilities among them. It enables officers to delegate … grand beach estate michiganWebSimilarly, section 9 (4) of CGST / SGST (UTGST) Act, 2024 / section 5 (4) of IGST Act, 2024 provides that the tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a registered person shall be paid by such person on reverse charge basis as the recipient and all the provisions of this Act shall … grand beach galvestonWeb“As ‘restaurant service’ has been notified under section 9 (5) of the CGST Act, 2024, the electronics commerce oprator (ECO) shall be liable to pay GST on restaurant services … grand beach floor planWebEvery e-commerce operator, not being an agent is required to collect an amount at the rate of 1% (0.5% CGST + 0.5% SGST) of the net value of taxable supplies made through it. The … grand beach flooding