TMI BlogDefinitions.X X X X Extracts X X X X X X X X Extracts X X X X ..... credere agent, an auctioneer or any other mercantile agent, by whatever name called, 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 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ment, a State Government 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 Commissioner of integrat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 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 issued by a registered person under sub-section (3) of section 34; (39) deemed exports means such supplies of goods as may b ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed 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) integrated tax means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act; (59) input means any goods other than capital goods used or intended to be used by a supplier in the course or furtherance of business; (60) input service me ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ) 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 location of such place of business; (b) where a supply is received at a place other than the place of business for which registration has been obtained (a fixed establishment elsewhere), the location of such fixed establishment; (c) where a supply is received at more than one establishment, whether the place of business or fixed establishment, the location of the establishment most directly concerned with the rece ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r 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 the Official Gazette and the expressions notify and notified shall be construed accordingly; 16 [ ( 80A ) online gaming means offering of a game on the internet or an electronic network and includes online money gaming; ( 80B ) online money gaming means online gaming in which players pay or deposit money or money's worth, including virtual digital assets, in the expectation of winning money or money's worth, including virtual digital assets, in any event includ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... les made under this Act on the recommendations of the Council; (88) principal means a person on whose 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, th ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... nable claim involved in or by way of ( i ) betting; ( ii ) casinos; ( iii ) gambling; ( iv ) horse racing; ( v ) lottery; or ( vi ) online money gaming; ] (103) State includes a Union territory 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; 18 [ Provided that a person who organises or arranges, directly or indirectly, supply of specified actionable claims, including a person who owns, operates or manages digital or electronic platform for such supply, shall be deemed to be a supplier of such actionable claims, whether such actionable claims are supplied by him or through him and whether consideration in money or money's worth, including virtual digital assets, for supply of such actionable claims is paid or conveyed to him or through him or placed at his disposal in any manner, and all the provisions of this Act shall apply to such supplier ..... 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Act; (116) Union Territory Goods and Services Tax Act means the Union Territory Goods and Services Tax Act, 2017; (117) valid return means a return furnished under sub-section (1) of section 39 on which self-assessed tax has been paid in full; 19 [ ( 117A ) virtual digital asset shall have the same meaning as assigned to it in clause ( 47A ) of section 2 of the Income-tax Act, 1961 (43 of 1961.); ] (118) voucher means an instrument where there is an obligation to accept it as consideration or part consideration for a supply of goods or services or both and where the goods or services or both to be supplied or the identities of their potential suppliers are either indicated on the instrument itself or in related documentation, including the terms and conditions of use of such instrument; (119) works contract means a contract for building, construction, fabrication, completion, erection, installation, fitting out, improvement, modification, repair, maintenance, renovation, alteration or commissioning of any immovable property wherein transfer of property in goods (whether as goods or in some other form) is involved in the execution of such contract; (1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... TORY OF DADRA AND NAGAR HAVELI AND DAMAN AND DIU CENTRAL GOODS AND SERVICES TAX (AMENDMENT) REGULATION, 2020 dated 24-01-2020 w.e.f. 26-01-2020 11. Omitted vide UNION TERRITORY OF DADRA AND NAGAR HAVELI AND DAMAN AND DIU CENTRAL GOODS AND SERVICES TAX (AMENDMENT) REGULATION, 2020 dated 24-01-2020 w.e.f. 26-01-2020 before it was read as (d) Daman and Diu 12. Substituted vide Finance Act, 2020 dated 27-03-2020 w.e.f. 30-06-2020 before it was read as (c) Dadra and Nagar Haveli 10 [ and Daman and Diu ] ; 11 [ (d) **** ] 13. Omitted vide Jammu and Kashmir Reorganisation (Adaptation of Central Laws) Order, 2020 dated 18-03-2020 before it was read as and 14. Inserted vide Jammu and Kashmir Reorganisation (Adaptation of Central Laws) Order, 2020 dated 18-03-2020 15. Omitted vide Jammu and Kashmir Reorganisation (Adaptation of Central Laws) Order, 2020 dated 18-03-2020 before it was read as (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. 16. Inserted vide THE CENTRA ..... X X X X Extracts X X X X X X X X Extracts X X X X
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