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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

Extract

..... led, who carries on the business of supply or receipt of goods or services or both on behalf of another; (6) “aggregate turnover” means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess; (7) “agriculturist” means an individual or a Hindu Undivided Family who undertakes cultivation of land- (a) by own labour, or (b) by the labour of family, or (c) by servants on wages payable in cash or kind or by hired labour under personal supervision or the personal supervision of any member of the family; (8) “Appellate Authority” means an authority appointed or authorised to hear appeals as referred to in section 107; (9) “Appellate Tribunal” means the Goods and Services Tax Appellate Tribunal constituted under section 109; (10) “appointed day” means the date on which the provisions of this Act sha .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... ent or any local authority in which they are engaged as public authorities; 5[(18) *****] (19) “capital goods” means goods, the value of which is capitalised in the books of account of the person claiming the input tax credit and which are used or intended to be used in the course or furtherance of business; (20) “casual taxable person” means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business; (21) “central tax” means the central goods and services tax levied under section 9; (22) “cess” shall have the same meaning as assigned to it in the Goods and Services Tax (Compensation to States) Act; (23) “chartered accountant” means a chartered accountant as defined in clause (b) of sub-section (1) of section 2 of the Chartered Accountants Act, 1949 (38 of 1949). (24) “Commissioner” means the Commissioner of central tax and includes the Principal Commissioner of central tax appointed under section 3 and the Co .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... under a contract, whether or not by means of a wire, cable, pipeline or other conduit, and for which the supplier invoices the recipient on a regular or periodic basis and includes supply of such goods as the Government may, subject to such conditions, as it may, by notification, specify; (33) “continuous supply of services” means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify; (34) “conveyance” includes a vessel, an aircraft and a vehicle; (35) “cost accountant” means a cost accountant as defined in 6[clause (b)] of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959); (36) “Council” means the Goods and Services Tax Council established under article 279A of the Constitution; (37) “credit note” means a document issued by a registered person under sub-section (1) of section 34; (38) “debit note” means a document issu .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... d established under section 57; (52) “goods” means every kind of movable property other than money and securities but includes actionable claim, growing crops, grass and things attached to or forming part of the land which are agreed to be severed before supply or under a contract of supply; (53) “Government” means the Central Government; (54) “Goods and Services Tax (Compensation to States) Act” means the Goods and Services Tax (Compensation to States) Act, 2017; (55) “goods and services tax practitioner” means any person who has been approved under section 48 to act as such practitioner; (56) “India” means the territory of India as referred to in article 1 of the Constitution, its territorial waters, seabed and sub-soil underlying such waters, continental shelf, exclusive economic zone or any other maritime zone as referred to in the Territorial Waters, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976 (80 of 1976), and the air space above its territory and territorial waters; (57) “Integrated Goods and Services Tax Act” means the Integrated Goods and Services Tax Act, 2017; (58) & .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... quo;job work” means any treatment or process undertaken by a person on goods belonging to another registered person and the expression “job worker” shall be construed accordingly; (69) “local authority” means- (a) a “Panchayat” as defined in clause (d) of article 243 of the Constitution; (b) a “Municipality” as defined in clause (e) of article 243P of the Constitution; (c) a Municipal Committee, a Zilla Parishad, a District Board, and any other authority legally entitled to, or entrusted by the Central Government or any State Government with the control or management of a municipal or local fund; (d) a Cantonment Board as defined in section 3 of the Cantonments Act, 2006 (41 of 2006); (e) a Regional Council or a District Council constituted under the Sixth Schedule to the Constitution; (f) a Development Board constituted under article 371 7[and article 371J] of the Constitution; or (g) a Regional Council constituted under article 371A of the Constitution; (70) “location of the recipient of services” means,- (a) where a supply is received at a place of business for which the registration has been obtained, the locatio .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... legal tender or any foreign currency, cheque, promissory note, bill of exchange, letter of credit, draft, pay order, traveller cheque, money order, postal or electronic remittance or any other instrument recognised by the Reserve Bank of India when used as a consideration to settle an obligation or exchange with Indian legal tender of another denomination but shall not include any currency that is held for its numismatic value; (76) “motor vehicle” shall have the same meaning as assigned to it in clause (28) of section 2 of the Motor Vehicles Act, 1988 (59 of 1988); (77) “non-resident taxable person” means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India; (78) “non-taxable supply” means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act; (79) “non-taxable territory” means the territory which is outside the taxable territory; (80) “notification” means a notification published in .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... hose behalf an agent carries on the business of supply or receipt of goods or services or both; (89) “principal place of business” means the place of business specified as the principal place of business in the certificate of registration; (90) “principal supply” means the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary; (91) “proper officer” in relation to any function to be performed under this Act, means the Commissioner or the officer of the central tax who is assigned that function by the Commissioner in the Board; (92) “quarter” shall mean a period comprising three consecutive calendar months, ending on the last day of March, June, September and December of a calendar year; (93) “recipient” of supply of goods or services or both, means- (a) where a consideration is payable for the supply of goods or services or both, the person who is liable to pay that consideration; (b) where no consideration is payable for the supply of goods, the person to whom the goods are delivered or made available, or .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... ory with Legislature; (104) “State tax” means the tax levied under any State Goods and Services Tax Act; (105) “supplier” in relation to any goods or services or both, shall mean the person supplying the said goods or services or both and shall include an agent acting as such on behalf of such supplier in relation to the goods or services or both supplied; (106) “tax period” means the period for which the return is required to be furnished; (107) “taxable person” means a person who is registered or liable to be registered under section 22 or section 24; (108) “taxable supply” means a supply of goods or services or both which is leviable to tax under this Act; (109) “taxable territory” means the territory to which the provisions of this Act apply; (110) “telecommunication service” means service of any description (including electronic mail, voice mail, data services, audio text services, video text services, radio paging and cellular mobile telephone services) which is made available to users by means of any transmission or reception of signs, signals, writing, images and sounds or intelligence of an .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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..... le property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract; (120) words and expressions used and not defined in this Act but defined in the Integrated Goods and Services Tax Act, the Union Territory Goods and Services Tax Act and the Goods and Services Tax (Compensation to States) Act shall have the same meaning as assigned to them in those Acts; (121) any reference in this Act to a law which is not in force in the State of Jammu and Kashmir, shall, in relation to that State be construed as a reference to the corresponding law, if any, in force in that State. ******************** Notes:- 1. Substituted vide THE FINANCE ACT, 2018, before it was read as, "Central Board of Excise and Customs" 2. Substituted vide Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-02-2019 before it was read as "Central Board of Excise and Customs" 3. Substituted vide Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-02-2019 before it was read as "the Appellate Authority and the Appellate Tribunal" 4. Substituted vide Central Goods and Services Tax (Amendment) Act, 2018 w.e.f .....

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Section 2 - Definitions. - CENTRAL GOODS AND SERVICES TAX ACT, 2017

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  1. Notification No. 10/2020 - Dated: 21-3-2020 - Special procedure for certain processes - ascertain the tax period - payment of tax - availing ITC
  2. Notification No. 5/2020 - Dated: 13-1-2020 - Seeks to appoint Revisional Authority under CGST Act, 2017
  3. Notification No. 62/2019 - Dated: 26-11-2019 - Seeks to notify the transition plan with respect to J&K reorganization w.e.f. 31.10.2019
  4. Notification No. G.S.R. 584(E) - Dated: 21-8-2019 - Goods and Services Tax Appellate Tribunal (Appointment and Conditions of Service of President and Members) Rules, 2019
  5. Notification No. 1/2018 - Dated: 25-1-2018 - seeks to amend Notification No.1/2017-Compensation Cess (Rate)
  6. Notification No. 9/2018 - Dated: 25-1-2018 - Concessional rate of GST on Old and used Vehicles
  7. Notification No. 8/2018 - Dated: 25-1-2018 - Concessional rate of CGST on Old and used Vehicles
  8. Notification No. 1/2018 - Dated: 25-1-2018 - Seeks to amend notification No. 11/2017- Central Tax (Rate) dated the 28thJune, 2017
  9. Notification No. 1/2018 - Dated: 25-1-2018 - Seeks to amend notification No. 8/2017- Integrated Tax (Rate) so as to notify IGST rates of various services as recommended by Goods and Services Tax Council in its 25th meeting held on...
  10. Notification No. 46/2017 - Dated: 14-11-2017 - Seeks to amend notification No. 11/2017-UTT(R) so as to specify rate @ 2.5% for standalone restaurants and @9% for other restaurants, reduce rate of job work on “handicraft goods” @ 2.5% and...
  11. Notification No. 48/2017 - Dated: 14-11-2017 - Seeks to amend notification No. 8/2017-IT(R) so as to specify rate @5% for standalone restaurants and @18% for other restaurants, reduce rate of job work on “handicraft goods” @ 5% and to...
  12. Notification No. 46/2017 - Dated: 14-11-2017 - Seeks to amend notification No. 11/2017-CT(R) so as to specify rate @ 2.5% for standalone restaurants and @9% for other restaurants, reduce rate of job work on “handicraft goods” @ 2.5% and to...
  13. Notification No. 31/2017 - Dated: 13-10-2017 - Seeks to amend notification No. 11/2017-UTT(R) - Rates for supply of services under UTGST
  14. Notification No. 39/2017 - Dated: 13-10-2017 - Seeks to amend notification No. 8/2017-Integrated Tax (Rate) - Rates for supply of services
  15. Notification No. 31/2017 - Dated: 13-10-2017 - Seeks to amend notification No. 11/2017-CT(R) - Rates for supply of services
  16. Notification No. 30/2017 - Dated: 11-9-2017 - Seeks to extend the time limit for filing of GSTR-1, GSTR-2 and GSTR-3
  17. Notification No. 20/2017 - Dated: 22-8-2017 - Seeks to amend notification No. 11/2017-UTT(R), to reduce UTGST rate on specified supplies of Works Contract Services, job work for textile & textile products, printing service of books,...
  18. Notification No. 20/2017 - Dated: 22-8-2017 - Seeks to amend notification No. 08/2017-IT(R) to reduce IGST rate on specified supplies of Works Contract Services, job work for textile & textile products, printing service of books,...
  19. Notification No. 20/2017 - Dated: 22-8-2017 - Amendments in the Notification No. 11/2017- Central Tax (Rate), dated the 28th June, 2017, - Composite supply of works contract.
  20. Notification No. 9/2017 - Dated: 28-6-2017 - Exemptions on supply of services under IGST Act
  21. Notification No. 8/2017 - Dated: 28-6-2017 - Rates for supply of services under IGST Act
  22. Notification No. 12/2017 - Dated: 28-6-2017 - List of Exempted supply of services under the CGST Act
  23. Notification No. 11/2017 - Dated: 28-6-2017 - Rates for supply of services under CGST Act
  24. Notification No. 1/2017 - Dated: 28-6-2017 - Seeks to notify Rates of goods and services tax compensation cess under Goods and Services Tax (Compensation to States) Act, 2017 (15 of 2017)
  25. Notification No. 12/2017 - Dated: 28-6-2017 - Exemptions on supply of services under UTGST Act
  26. Notification No. 11/2017 - Dated: 28-6-2017 - Rates for supply of services under UTGST Act
  27. Notification No. 1/2017 - Dated: 19-6-2017 - Certain sections of the CGST Act, 2017 came into force w.e.f. 22.06.2017 - i.e Definitions, Administrations, Composition, Registration, Migration, Common Portal, Power to make...

 

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