Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
Income Tax Bill, 2025     TaxTMI    TMI - e-Newsletter     TaxTMI    Finance Ministry Revises AIDC Rates: Bourbon...     TaxTMI    Private Companies Get Extended Deadline Until June...     TaxTMI    Partnership Firm Wins Appeal Delay Condonation...     TaxTMI    Tax Department Must Share Documents Requested by...     TaxTMI    Input Tax Credit Denied: Taxpayers Failed to Prove...     TaxTMI    Input Tax Credit Utilization From Different GST...     TaxTMI    DGFT Makes Electronic Certificates of Origin...     TaxTMI    Central Government Sets Phased Implementation Dates...     TaxTMI    RBI Revises Payment Rules Between ACU Member...     TaxTMI    Stock Exchanges Must Take Full Responsibility for...     TaxTMI    SEBI Makes Intermediaries Fully Liable for AI...     TaxTMI    New Income Tax Bill Proposes Single Tax Year...     TaxTMI    Assessment Order Under Section 73 of GST Act...     TaxTMI    Revenue Appeals Below Rs. 2 Crores Must Be...     TaxTMI    Legal Heirs Must Pay Compensation in Cheque Bounce...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Bill

Home Acts & Rules Bill GST - Draft-Bills-Reports Faq On GST (2nd Edition) Dated 31.3.2017 Chapter 2 = Levy of and Exemption from Tax Chapters List This

Levy of and Exemption from Tax - Faq On GST (2nd Edition) Dated 31.3.2017
Chapter: 2
Levy of and Exemption from Tax
Question 1 : Where is the power to levy GST derived from?
Question 2 : What is the taxable event under GST?
Question 3 : Whether supplies made without consideration will also come within the purview of supply under GST?
Question 4 : Will giving away essential commodities by a charitable institution be taxable activity?
Question 5 : Who can notify a transaction to be supply of goods or services?
Question 6 : What are composite supply and mixed supply? How are these two different from each other?
Question 7 : What is the treatment of composite supply and mixed supply under GST?
Question 8 : Are all goods and services taxable under GST?
Question 9 : What is meant by Reverse Charge?
Question 10 : Is the reverse charge mechanism applicable only to services?
Question 11 : What will be the implications in case of receipt of supply from unregistered persons?
Question 12 : Can any person other than the supplier or recipient be liable to pay tax under GST?
Question 13 : What is the threshold for opting to pay tax under the composition scheme?
Question 14 : What are the rates of tax for composition scheme?
Question 15 : A person availing composition scheme during a financial year crosses the turnover of ₹ 50 Lakhs during the course of the year i.e. say he crosses the turnover of ₹ 50 Lakhs in December? Will he be allowed to pay tax under composition scheme for the remainder of the year i.e. till 31st March?
Question 16 : Will a taxable person, having multiple registrations, be eligible to opt for composition scheme only for a few of registrations?
Question 17 : Can composition scheme be availed of by a manufacturer and a service supplier?
Question 18 : Who are not eligible to opt for composition scheme?
Question 19 : Can the registered person under composition scheme claim input tax credit?
Question 20 : Can the customer who buys from a registered person who is under the composition scheme claim composition tax as input tax credit?
Question 21 : Can composition tax be collected from customers?
Question 22 : How to compute ‘aggregate turnover’ to determine eligibility for composition scheme?
Question 23 : What are the penal consequences if a person opts for the composition scheme in violation of the conditions?
Question 24 : Does the GST Law empower the Government to exempt supplies from the levy of GST?
Question 25 : When exemption from whole of tax collected on goods or services or both has been granted absolutely, can a person pay tax?
 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
F: Participant Questions Legality of Single SCN for Two Years Under Secti...
F: Business Challenges ITC Reversal Due to Supplier's GST Non-Payment, Ci...
F: GST Registration Required for Reverse Charge on Goods Transport Servic...
F: Debate on GST's Applicability to Stamp Duty: Exemption Under SI. No 47...
H: GST Council Clarifies Rates: 5% on Pepper, Tax-Free Raisins, Different...
H: Exim Bank's $120M Credit Line to GO-VNM for High-Speed Guard Boats und...
H: Export-Import Bank's $180M Credit Line for Offshore Patrol Vessels Mus...
H: Gold Bullion Import Quota: New Rules for TRQ Allocation Require Certif...
H: DGFT Sets Import Quotas: 0.8 MT Calcined 1.9 MT Raw Petroleum Coke for...
H: Government Securities Trading Rules Modified Under Section 16 to Contr...
H: Finance Ministry Revises AIDC Rates: Bourbon Whiskey at 50%, Other Alc...
H: Private Companies Get Extended Deadline Until June 30, 2025 For Securi...
A: Section 10AA: Tax Exemptions for Companies in SEZs Boost Export Income...
A: Supreme Court orders insurance company to settle truck fire claim, val...
A: Court Quashes Penalty for Wrong Tax Head Credit Allocation; Electronic...
A: Uttar Pradesh Launches E-HRMS Portal for State Employees: Streamlined ...
A: Retrospective GST Cancellations Risk Halting Business Operations; Cour...
A: Filing Complaints on Misleading Food Labels: Understanding the Process...
A: Telangana High Court Validates Extension of Limitation Period for Show...
A: Global Shift to Ban Harmful Food Additives: Health, Safety, and Enviro...
A: E-commerce operators must pay GST liabilities via cash ledger under Se...
A: Indian Customs Cuts Port Dwell Time with Direct Port Delivery, Faceles...
F: Debate on Time-Barred Appeals Post FORM GST APL-02 Issuance Under Sect...
H: Small Retailer Gets Final Chance to Restore GST Registration by Filing...
H: GST Refund Claim Rejection Invalid: Authority Must Give Reasoned Order...
H: Tax Reassessment Under Section 147 Invalid When No Material Facts Were...
H: Tax Authorities Must Re-examine Trading Results and Form 26AS Discrepa...
H: Taxpayer's Section 10(26AAA) Sikkimese Exemption Claim Remanded for Fr...
H: Property Transaction Additions Under Section 69A Deleted Due to Bankin...
H: Assessment Order Under Section 56(1)(vii) For Rs. 139.67 Crores Quashe...