Category: GST

Section 8 of the Central Goods and Services Tax Act, 2017, prescribes the manner in which tax liability is determined in cases involving composite supplies and mixed supplies.

Section 7 has evolved significantly through legislative amendments, judicial pronouncements, and administrative clarifications. While the number of statutory amendments to the provision has been relatively limited, their impact has been far-reaching

Securities are outside the scope of GST as defined under Sections 2(52) and 2(102). Hence, bonus shares issued to employees are not taxable.

The core controversy is whether rights arising from land are themselves “immovable property” or whether they are independent taxable services.

Prize money received for exemplary performance is not taxable under GST as there is no supply.

To determine the taxability of the sale of a personal car, one must first determine whether it is a supply as defined under the GST Acts. “Supply” is defined under Section 7 of the Act, and one of the key factors for it to be a supply is that it has to be in the…

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…

Understanding GST requires us to revisit a foundational constitutional principle: Every tax must clearly identify(1) the Object of Taxation and(2) the Event of Taxation This distinction was emphasized by the Constitution Bench in the Godfrey Phillips (Luxury Tax) case, and it remains crucial in understanding GST. 1️⃣ Object vs Event of Taxation Under GST Step…