Cost Accountants recognised as Registered Valuer under Companies (Registered Valuers and Valuation) Rules, 2017.
http://www.mca.gov.in/Ministry/pdf/RegisteredValues_19102017.pdf
Under GST, the ‘Supply’ is a fundamental concept and all the provisions of GST revolves around it. Under Supply, there are three key elements namely time of supply, place of supply and value of supply. These three elements together determine the chargeability of taxes on supply. In this article we will be covering the concept of ‘Place Of Supply’ ‘Place of Supply’ under GST is an important factor as it defines whether the transaction will be counted as intra-state(i.e within the same state) or inter-state(i.e. between two states) and accordingly the changeability of tax, i.e levy of SGST, CGST & IGST will be determined. While determining the levy of taxes based on Place of Supply, two things are considered namely: Location of Supplier: It is the registered place of business of the supplier Place Of Supply: It is the registered place of business of the recipient Let’s understand this with the help of two examples! Determining Place of Supply for Intr...
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