Decoding of Supply

Taxable Event in GST Regime, Meaning and Scope of Supply under GST: The taxable event is the point of time when tax is to be levied on the transaction or activity or any action. Presently, we are equipped with the levy of taxes under…

Time of Supply in GST: In order to calculate and discharge tax liability, it is important to know the date when the tax liability arises i.e. the date on which the charging event has occured. In GST law, it is known as Time of Supply. The…

Identification of Supply of Goods or Services under GST.  Definition of ‘goods’ and ‘services’: The tax is on supply of either goods or services. In case the supply is neither of goods nor of services then no tax shall be leviable on such…

Time of supply of goods under GST - 15 Questions Answered: Section 12 of CGST Act, made applicable to IGST vide Section 20 of IGST Act and Section 21 of UTGST Hopefully, GST will be implemented by July 1, 2017 and hence the month of May is…

Value of taxable supply under GST - 23 Important Questions Answered. The CAknowledge is striving to organise more and more workshops and lecture meets on GST. This article explains GST (Goods and service tax) Value of taxable supply, GST…