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    Levy & Chrage of Tax - 221122 - 192035

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    Tushar Madan
    GST is levied on intra-state and inter-state supplies of goods and services. For intra-state supplies within a state, CGST and SGST are levied, while IGST is levied for inter-state supplies between states. In some cases such as supplies by unregistered dealers, the liability to pay taxes is on the recipient under the reverse charge mechanism. The document discusses the provisions for levy of GST under the CGST Act and IGST Act and the types of intra-state and inter-state supplies on which taxes are levied.

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    Levy & Chrage of Tax - 221122 - 192035

    Uploaded by

    Tushar Madan
    72 views17 pages
    GST is levied on intra-state and inter-state supplies of goods and services. For intra-state supplies within a state, CGST and SGST are levied, while IGST is levied for inter-state supplies between states. In some cases such as supplies by unregistered dealers, the liability to pay taxes is on the recipient under the reverse charge mechanism. The document discusses the provisions for levy of GST under the CGST Act and IGST Act and the types of intra-state and inter-state supplies on which taxes are levied.

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    Levy & Chrage of tax_221122_192035

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    GST is levied on intra-state and inter-state supplies of goods and services. For intra-state supplies within a state, CGST and SGST are levied, while IGST is levied for inter-state supplies between states. In some cases such as supplies by unregistered dealers, the liability to pay taxes is on the recipient under the reverse charge mechanism. The document discusses the provisions for levy of GST under the CGST Act and IGST Act and the types of intra-state and inter-state supplies on which taxes are levied.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    72 views17 pages

    Levy & Chrage of Tax - 221122 - 192035

    Uploaded by

    Tushar Madan
    GST is levied on intra-state and inter-state supplies of goods and services. For intra-state supplies within a state, CGST and SGST are levied, while IGST is levied for inter-state supplies between states. In some cases such as supplies by unregistered dealers, the liability to pay taxes is on the recipient under the reverse charge mechanism. The document discusses the provisions for levy of GST under the CGST Act and IGST Act and the types of intra-state and inter-state supplies on which taxes are levied.

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    Levy & Collection of GST

    • Section 9 of CGST Act


    • Section 5 of CGST Act
    • Inter & Intra State supply
    • Reverse Charge Mechanism
    ( PO 4 : K2)

    Learning Outcome 2
    BBA 309 31-08-2022
    Section 9 of CGST/SGST Act 2017
    &
    Section 5 of IGST Act 2017

    Where;
    CGST and SGST shall be levied on all intra state supply of goods /services.
    IGST shall be levied on all inter state supply of goods/services.

    Under GST , levy of tax is dealt under ;


    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 41
    3
    BBA 309 31-08-2022
    Provision of Section 9 CGST/SGST Act
    • CGST shall be levied on all intra state supplies of goods and services or both
    except on the supply of alcoholic liquor for human consumption.
    • It shall be levied on the value of supply ( calculated as per Section 15) at rate
    not exceeding 20% .
    This system of tax wherein supplier of goods and services pay the tax , it is
    known as forward charge.
    There are certain cases when the recipient of goods and services or both pay the
    taxable amount , such cases are known as reverse charge basis.

    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 41-42


    4
    BBA 309 31-08-2022
    Kinds of supply on which GST is leviable

    Inter State
    Supply Intra State
    Supply

    5
    BBA 309 31-08-2022
    • Intra State Supply ;
    As per provisions of Sec10 , supply of goods/services where the location of the
    supplier and place of the supply are in
    - Same State or
    - Same Union Territory
    Shall be treated as Intra State Supply except ;
    1. Supply takes place to or by Special Economic Zone .
    2. Supplies made to a tourist under Sec 15.

    Intra State Supply and Applicable GST


    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 49
    6
    BBA 309 31-08-2022
    Continued ;

    Under Intra State supply ; both


    - Central Govt
    - State Govt/ Union Territory
    Will collect tax at a prescribed rate . Out of total tax 50% shall be known as
    CGST and rest 50% as SGST/UTGST

    7
    BBA 309 31-08-2022
    Inter State Supply and Applicable GST
    • Inter State Supply ;
    As per provisions of Sec 7(1) & (2) , supply of goods /services where the location of the
    supplier and place of the supply are in
    - Two different States or
    - Two different Union Territory
    - A State and a Union Territory
    Shall be treated as Inter State Supply.
    In case of import ; they will be treated as inter state till they cross the customs frontiers
    of India

    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 50


    8
    BBA 309 31-08-2022
    Under Inter State supply ;
    IGST will be charged @CGST rate + SGST rate

    CGST Rate

    IGST
    Rate
    SGST/UGST
    Rate

    Continued ; 9
    BBA 309 31-08-2022
    In respect of supply of goods as per
    Notification Issued

    In respect of supply of services as per


    Notification Issued

    If supplies are made to a registered person


    by unregistered person

    Tax payable on Reverse charge


    Basis Source: Ahuja & Gupta , GST , Maximax Publication House , P. 43,44,48
    10
    BBA 309 31-08-2022
    In respect of supply of goods as per Notification
    Issued

    Goods Supplier Recepient

    ‘cashnew Nuts Agriculturist Any registered person


    Tobacco Leaves Agriculturist Any registered person

    Silk Yarn Who manufactures silk Any registered person

    Used vehicles , seized , Central Govt , state gov , local Any registered person
    confiscated ,etc authority

    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 44


    11
    BBA 309 31-08-2022
    Services by a goods transport company

    Services provided by a senior advocate

    Services by way of sponsorship

    Services provided by government to business with certain conditions

    Services by an insurance agent to any person carrying on insurance


    business , etc

    In respect of supply of services as per Notification


    Issued

    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 44-46


    12
    BBA 309 31-08-2022
    If supplies are made to a registered person by unregistered
    person

    The government may notify a class of registered person who shall in respect of
    specified categories of goods or services or both received from an unregistered
    person to pay tax on reverse charge mechanism.

    Source: Ahuja & Gupta , GST , Maximax Publication House , P. 48


    13
    BBA 309 31-08-2022
    How tax is charged under GST
    Applicability of GST under Inter & Intra State Supply
    Concept of Reverse Charge under GST

    Key Takeaways 14
    BBA 309 31-08-2022
    Textbook : GST Goods & Services Tax , Maximax Publications , Dr. Girish
    Ahuja and Dr. Ravi Gupta

    References 15
    BBA 309 31-08-2022
    Thank YOU

    16
    BBA 309 31-08-2022

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