Section 33 of GST – Amount of tax to be indicated in tax invoice and other documents. Everything you want to know about for GST Section 33, this section is provide all details for Amount of tax to be indicated in tax invoice and other documents under GST Act 2017. Detailed Analysis of GST Section 33 of GST Act 2017 – Amount of tax to be indicated in tax invoice and other documents under GST Law. Everything you want to know about GST all Sections. Section Wise Analysis of GST Act 2017, Chapter Wise Analysis of GST All Sections. in this article you may find complete details regarding Section 33 of GST Act 2017 – Amount of tax to be indicated in tax invoice and other documents, gst all sections and definitions. Now Check more details from below…..
Must Read – List of all sections of GST
Section 33 of GST – Amount of tax to be indicated in tax invoice and other documents
Notwithstanding anything contained in this Act or any other law for the time being in force, where any supply is made for a consideration, every person who is liable to pay tax for such supply shall prominently indicate in all documents relating to assessment, tax invoice and other like documents, the amount of tax which shall form part of the price at which such supply is made.
With the non-obstante clause, this provision secures preference over any other provision to the contrary whether in this Act or elsewhere. It states that all documents need to carry these details and that the tax would form part of the price of supply.
This provision therefore holds the price charged to be the ‘cum tax’ price of the supply. Tax included in the price is that actually assessed on the supply.
It means that if the supply price is Rs 1000/- which is inclusive of tax then every document must state that “the price of Rs 1000 includes – say IGST of Rs 180/- or alternatively say supply price is Rs 820 and IGST Rs 180 total Rs 1000.
The GST law presupposes the fact that the tax, even, if not charged is deemed to have been passed on to the recipient unless proved contrary.
Recommended Articles –