Place of supply
JATIN GARG (5 Points)
26 February 2021JATIN GARG (5 Points)
26 February 2021
prasad Nilugal
(3914 Points)
Replied 26 February 2021
Rama chary Rachakonda
(Master in Accounts & Lawyer email ID:ramachary64@gmail.com voice no:9989324294)
(3549 Points)
Replied 26 February 2021
GST is destination based tax i.e consumption tax, which means tax will be levied where goods and services are consumed and will accrue to that state. Under GST, there are three levels of Tax, IGST, CGST & SGST and based on the ''place of supply'' so determined, the respective tax will be levied.
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)