RULES FOR INTEGRATED GOODS AND SERVICES TAX ACT, 2017
By: – DR.MARIAPPAN GOVINDARAJAN
Goods and Services Tax – GST
Dated:- 15-5-2017
Section 20 of Integrated Goods and Services Tax Act, 2017 ('Act' for short) provides that the provisions of CGST Act relating to-
* scope of supply;
* composite supply and mixed supply;
* time and value of supply;
* input tax credit;
* registration;
* tax invoice, credit and debit notes;
* accounts and records;
* returns, other than late fee;
* payment of tax;
* tax deduction at source;
* collection of tax at source;
* assessment;
* refunds;
* audit;
* inspection, search, seizure and arrest;
* demands and recovery;
* liability to pay in certain cases;
* advance ruling;
* appeals and revision;
* presumption as to documents;
* offences and penalties;
* job work;
* electronic commerce;
* transitional provisions; and
* miscellaneous provisions including the provisions relating to the imposition
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is regard.In the absence of such contract or agreement, on such basis as may be prescribed;
* Explanation to section 12 (7) – it provides that where the event is held in more than one State or Union territory and a consolidated amount is charged for supply of services relating to such event, the place of supply fo services shall be taken as being in each of the respective States or Union territories in proportion to the value for services separately collected or determined in terms of the contract or agreement entered into in this regard, or in the absence of such contract or agreement, on such other basis as may be prescribed;
* Explanation to section 12(11) – it provides that where the leased circuit is installed in more than one State or Union territory and a consolidated amount is charged for supply of services relating to such circuit, the place of supply of such services shall be taken as being in each of the respective States or Union territories in proportion to the value f
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n 3 – place of supply of services shall be the location where the services are actually performed;
* Sub-section (4) – place of supply of services supplied directly in relation to an immovable property;
* Sub-section (5) – place of supply of services by way of admission or organization of an event;
are supplied in more than one State or Union territory, the place of supply of such services shall be taken as being in each of the respective States or Union territories and the value of such supplies specific to each State or Union territory shall be in proportion to the value for services separately collected or determined in terms of the contract or agreement entered into in this regard or, in the absence of such contract or agreement, on such other basis as may be prescribed.
* Section 15 – It provides that the integrated tax paid by tourist leaving India on any supply of goods taken out of India by him shall be refunded in such manner and subject to such conditions as may be pre
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overnment on account of such union territory, in such manner and within such time as may be prescribed;
* Section 18(a) – It provides that on utilization of credit of integrated tax availed under this Act for payment of central tax in accordance with the provisions of section 49(5) the amount collected as integrated tax shall stand reduced by an amount equal to the credit so utilized and the Central Government shall transfer an amount equal to the amount so reduced from the integrated tax account to the central tax account in such manner and within such time as may be prescribed;
* Section 18(b) – it provides that on utilization of credit of integrated tax availed under this Act for payment of union territory tax in accordance with the provisions of section 9 of UTGST Act, the amount collected as integrated tax shall stand reduced by an amount equal to the credit so utilized and the Central Government shall transfer an amount equal to the amount so reduced from the integrated tax a
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