What is the taxable event under GST?
Question 2
Bill
Levy of and Exemption from Tax
FAQ on GST dated 21.9.2016 based on Draft Model GST
Q 2. What is the taxable event under GST?
\nAns. Supply of goods and\/or services. CGST & SGST will be levied on intra-state supplies while IGST will be levied on inter-state supplies. The charging section is section 7 (1) of CGST\/SGST Act and Section 4(1) of the IGST Act.
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