All posts by Priyanshi Gupta - 29. page

Professional Tax Consultant and Article Writer

Board : “Board” means the Central Board of Excise and Customs constituted under the Central Boards of Revenue Act, 1963.

Business : “Business” includes – (a) any trade, commerce, manufacture, profession, vocation or any other similar activity, whether or not it is for a pecuniary benefit; (b) any transaction in connection […]

Agriculturist : “Agriculturist” means a person who cultivates land personally, for the purpose of agriculture.

Appointed day : “Appointed day’’ means the date on which section 1 of this Act comes into effect.

Appropriate Government : “Appropriate Government” means the Central Government in case of the IGST and the CGST, and the State Government in case of the SGST

Assessment : “Assessment” means determination of tax liability under this Act and includes self-assessment, re-assessment, provisional assessment, summary assessment and best judgement assessment.

Associated enterprise : “Associated enterprise” shall have the meaning assigned to it in section 92A of the Income Tax Act, 1961.

Appellate Tribunal : “Appellate Tribunal” means the National Goods and Services Tax Appellate Tribunal constituted under section 81.

Address of delivery : “Address of delivery” means the address of the recipient of goods and/or services indicated on the tax invoice issued by a taxable person for delivery of such goods […]

Agent : “Agent” means a person who carries on the business of supply or receipt of goods and/or services on behalf of another, whether disclosed or not and includes a factor, broker, […]