All posts by Tina Saha - 157. page

Professional Tax Consultant and Article Writer

“zero-rated supply” shall have the meaning assigned to it in section 16; The following taxable supplies of goods and/ or services are considered as ‘zero rated supplies’: (a) Export of […]

“taxable territory” means the territory to which the provisions of this Act apply; It covers the whole of India including the State of Jammu and Kashmir.

“supply” shall have the same meaning as assigned to it in section 7 of the Central Goods and Services Tax Act; The concept of ‘supply’ has been discussed in detail […]

shall have the same meaning as assigned to it in clause (g) of section 2 of the Special Economic Zones Act, 2005 and includes an Authority as defined in clause […]

“Special Economic Zone” shall have the same meaning as assigned to it in clause (za) of section 2 of the Special Economic Zones Act, 2005; It covers two categories of […]

“output tax”, in relation to a taxable person, means the integrated tax chargeable under this Act on taxable supply of goods or services or both made by him or by […]

“online information and database access or retrieval services” means services whose delivery is mediated by information technology over the internet or an electronic network and the nature of which renders […]

non-taxable online recipient” means any Government, local authority, governmental authority, an individual or any other person not registered and receiving online information and database access or retrieval services in relation […]

“location of the supplier of services” means, –– (a) where a supply is made from a place of business for which the registration has been obtained, the location of such […]

In clause (6), in sub-clause (iv), after the words “foreign exchange”, the words “or in Indian rupees wherever permitted by the Reserve Bank of India” inserted. This amendment is made […]