APPLICATION OF PROVISIONS OF CENTRAL GOODS AND SERVICES TAX ACT [SECTION 20 OF THE IGST ACT, 2017] - Handbook of GST Law & Procedures (CBIC) [October 2024] - GST

31. APPLICATION OF PROVISIONS OF CENTRAL GOODS AND SERVICES TAX ACT [SECTION 20 OF THE IGST ACT, 2017] 31.1. The following provisions of CGST Act, 2017 apply to IGST Act, 2017 also: scope of supply composite supply and mixed supply time and value of supply input tax credit registration tax invoice, credit and debit notes accounts and records returns, other than late fee payment of tax tax deduction at source [TDS rate under IGST 2%] collection of tax at source [TCS rate under IGST not exceeding 2%] assessment refunds audit inspection, search, seizure and arrest demands and recovery liability to pay in certain cases advance ruling appeals and revision presumption as to documents offences and penalties job work electronic commerce transitional provisions miscellaneous provisions including the provisions relating to the imposition of interest and penalty 31.2. When the tax involved is IGST, the rate of TDS shall be 2% and the rate of TCS shall not exceed 2%. Presently, the notified rate for TCS in case of IGST is 1%. 31.3. Where the penalty is leviable under the CGST Act, 2017 and the SGST/UTGST Act, 2017 the penalty leviable under the IGST Act shall be the sum total of the said penalties. 31.4. The words and expressions used and not defined in the IGST Act, 2017 but defined in the CGST Act, 2017 shall have the same meaning as assigned to them in the said Act. Similarly, the words and expressions used and not defined in the CGST Act, 2017 but defined in the IGST Act, 2017 shall have the same meaning as assigned to them in the said Act.