GstTak

  SUPPLY FROM DTA TO SEZ OR SEZ TO DTA UNDER GST   Section 7 of the IGST Act, 2017: - Inter-State Supply. As per Section 7(5)(b) of the IGST Act, 2017 says that Supply of goods or services or both made to or by a Special Economic Zone developer or a Special Economic Zone unit shall be treated to be a supply of goods or services or both in the course of inter-State trade or commerce. According to the above said provisions supply made to or supply made by SEZ unit shall always be treated as inter-state supply.   Section 2(5) of IGST Act, 2017 Export of Goods: - Export of Goods means taking goods out of India to a place outside India .   Section 2(6) of IGST Act, 2017 Export of Services: - Export of services means, The supplier of service is located in India.   The recipient of service is located outside India.   The place of supply of service is outside India.   The payment for such service has been received by the suppl...

  ITC can not be available in respect of the following (Section 17(5) of the CGST Act, 2017)                                                               M V F(fobhcl) M T W=2 C N P G S MOTOR VEHICLES:- As per Section 2(76) of CGST Act, 2017 Motor vehicle shall have the same meaning as assigned to it in clause (28) of section 2 of the Motor Vehicles Act, 1988.   As per Section 2(28) of the Motor Vehicles Act, 1988 Motor Vehicles or Vehicles means any mechanically propelled vehicle adapted for use upon roads whether the power of propulsion is transmitted thereto from an external or internal source and includes a chassis to which a body has not been attached and a trailer...