Components of Levy of GST

Provisions of GST Acts, which provide for levy and collection of tax, provide that tax shall be levied on supply of goods or services or both. In my personal opinion, expression supply of goods or services or both used in Article 366(12A) of the Constitution refers to completed supply of goods or services or both and expression supply of goods or services or both does not include an agreement of supply of goods or services or both.

from TaxGuru https://ift.tt/2liMVX0
via gqrds

Comments

Popular posts from this blog

Compliance Manual for F.Y.2019-20 (A.Y. 2020-21)

GST ON TOUR OPERATORS AND AIR TRAVEL AGENTS