Settlement-Commission

Settlement Commission

Q 1. What are the basic objective of Settlement Commission? Ans. The basic objectives of setting up of the Settlement Commission are:- i. to provide an...
Time-of-Supply

Time of Supply

Q 1. What is time of supply? Ans. The time of supply fixes the point when the liability to charge GST arises. It also indicates...
Transitional-Provisions

Transitional Provisions

Q 1. Will the CENVAT/ITC carried forward in the last return prior to GST under earlier law be available as ITC under GST? Ans. Yes,...
Valuation-in-GST

Valuation in GST

Q 1. What is the value of taxable supply to be adopted for the levy of GST? Ans. The value of taxable supply of goods...

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