WebSection 47 (2) of CGST Act 2024: Section 47(2): Any registered person who fails to furnish the return required under section 44 by the due date shall be liable to pay a late fee of one hundred rupees for every day during which such failure continues subject to a maximum of an amount calculated at a quarter per cent. of his turnover in the State or Union territory. Web31 Jul 2024 · Refer Section 2(6) of CGST Act. Aggregate turnover does not include value of inward supplies on which tax is payable on reverse charge basis. ... Please refer to definition under Section 2(78) of the CGST Act. 7. Whether civil contractor doing projects in various states requires separate registration for all states or a single registration at ...
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Web30 Aug 2024 · (6) The proper officer, in his order, shall set out the relevant facts and the basis of his decision. (7) The amount of tax, interest and penalty demanded in the order shall not be in excess of the amount specified in the notice and no demand shall be confirmed on the grounds other than the grounds specified in the notice. WebSection 7 - Scope of supply. Section 8 - Tax liability on composite and mixed supplies. Section 9 - Levy and collection. Section 10 - Composition levy. Section 11 - Power to grant … progressive quote change number
GST EXEMPTION – SECTION 11 of CGST ACT - Takshila Learning
Web27 May 2024 · Supplies which comes under the Section 2(78) of the CGST Act, which deals with “non-taxable supply”. Ex. alcoholic liquor for human consumption. POWER TO GRANT EXEMPTION FROM TAX. The provision of Section 11 of the CGST ACT basically deals with the power of the Government to grant exemption from tax, i.e., GST for supply for goods … Web(6) The proper officer, on receipt of such information, shall not serve any notice under sub-section (1) or, as the case may be, the statement under sub-section (3), in respect of the tax so paid or any penalty payable under the provisions of this Act or the rules made thereunder. Web3.4 Reference is also invited to the definition of “person” as provided under CGST Act 2024, made applicable to IGST Act vide section 2(24) of IGST Act 2024. “Person” has been defined under sub-section (84) of the section 2 of the CGST Act 2024, as under: (84) “person” includes— (a) an individual; (b) a Hindu Undivided Family; progressive pushup routine