Category: GST
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Does GST Apply for Housing Societies and Associations?
Though this is not explicitly stated in the definition of ‘supply,’ the presence of two distinct persons is required, as is evident by the references to supplier and recipient in various provisions. Unlike Central Excise, captive consumption is not taxable under GST. CBIC has, in fact, clarified this through FAQs on Goods and Services Tax…
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The GST Vision – “One Nation, One Tax”
Before understanding how GST functions, it is essential to understand how the Constitution distributes taxation powers in India. India follows a quasi-federal structure with a strong Centre, and the power to levy taxes is constitutionally divided between: This distribution is primarily governed by Article 246 of the Constitution read with Schedule VII. Article 246 –…
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GST – Introduction and Constitutional Provisions
Whenever we discuss any law in India—especially tax laws—it is essential to begin at the very foundation: the Constitution of India. No law, including the Goods and Services Act (GST) can exist independently of the Constitution. Every statute, rule, or regulation must trace its authority back to it. This is why constitutional validity is not…