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TMI BlogNotes on clausesX X X X Extracts X X X X X X X X Extracts X X X X ..... purposes of the proposed Act. Clause 4 provides for authorisation of State tax and Union territory tax officers, subject to certain exceptions and conditions as shall be notified by the Central Government on recommendations of the Council, to be proper officers for the purposes of the proposed Act. Clause 5 provides for levy and collection of integrated tax on all inter-State supplies of goods or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... recommendations of the Council; (ii) the Central Government to notify categories of supply of goods or services or both, the tax on which shall be paid on reverse charge basis by the recipient of such goods or services or both, on the recommendations of the Council; (iii) the integrated tax in respect of the supply of taxable goods or services or both by a supplier, who is not registered, to a reg ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ces or both will be considered as inter- State supply. Clause 8 provides for instances where a supply of goods or services or both will be considered as intra- State supply. Clause 9 provides for supplies made in territorial waters to be deemed to be made in the States or Union territories where the nearest point of the appropriate baseline is located. Clause 10 provides for the place of supply fo ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... grated tax paid on supply of goods to tourists leaving India. Clause 16 provides for zero rating of certain supplies namely exports and supplies made to Special Economic Zone Unit or Special Economic Zone developer and the manner of zero rating. Clause 17 provides for apportionment of integrated tax and settlement of funds between the Central and State Government. Clause 18 provides for utilisatio ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... o make regulations for carrying out the provisions of the proposed Act. Clause 24 provides for laying of rules, regulations and notifications made by the Central Government before each House of the Parliament. Clause 25 confers powers on the Central Government to make such provisions not inconsistent with the provisions of the proposed Act or the rules or regulations by a general or special order, ..... X X X X Extracts X X X X X X X X Extracts X X X X
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