6
Overview of Goods and Service Tax: : Who?:
Overview of Goods and Service Tax:
:
Who?:
What?:
“CGST”
“SGST”
“UTGST”
“IGST”
Where?:
When?:
Why?:
•
•
•
•
•
•
•
•
Why?: :
How?:
CGST :
•
•
•
•
• CVD
• (SAD)
•
•
SGST :
•
•
•
•
•
•
•
•
•
Relevance of GST:
Features of GST:
Dual GST
Central GST - CGST
State GST - SGST
Integrated GST - IGST=
CGST+SGST ( Inter state supply )
-IGST
Zero rated
o
o
CGST CGST SGST SGST CGST
SGST SGST CGST
IGST IGST, CGST SGST
Threshold Exemption:
:
•
•
•
• (reverse charge)
•
composition levy)
composition levy)
GSTC will make
recommendations on:
•
•
•
•
•
•
•
•
Highlights of GST:
•
[Sec. 19 (9)].
• (Sec.
44 & 27).
• (Sec. 35).
•
(Sec. 25
& 26 ).
•
(Sec. 27).
•
(Sec. 29
& 29A).
•
(Sec. 42).
•
(Sec. 27).
• NEFT
RTGS (Sec. 35).
•
(Sec. 27).
•
supplementary or revised invoice)
(Sec. 23).
•
(Sec. 34).
•
(Sec. 24).
•
(Sec. 55).
•
(Sec. 11).
Conclusion:
IRS.,
