Model IGST Law -India- [ Nov 2016]- Section Wise and Chapter Wise – Integrated Goods and Service Tax Act 2016

By | March 14, 2017
(Last Updated On: March 14, 2017)

MODEL IGST LAW [ Nov 2016]

THE INTEGRATED GOODS AND SERVICES TAX ACT, 2016

CHAPTER- I

PRELIMINARY

  1. Short title, extent and commencement
  2. Definitions

CHAPTER– II

PRINCIPLES FOR DETERMINING SUPPLY OF GOODS AND/OR SERVICES IN THE COURSE OF INTER-STATE TRADE OR COMMERCE 

  1. Supplies of goods and/or services in the course of inter-State trade or commerce
  1. Supplies of goods and/or services in the course of intra-State trade or commerce

CHAPTER– III

LEVY AND COLLECTION OF TAX 

  1. Levy and collection of Integrated Goods and Services Tax
  1. Power to grant exemption from tax

CHAPTER– IV 

PLACE OF SUPPLY OF GOODS AND/OR SERVICES

  1. Place of supply of goods other than supply of goods imported into, or exported from India
  1. Place of supply of goods imported into, or exported from India
  1. Place of supply of services where the location of the supplier of service and the location of the recipient is in India
  1. Place of supply of services where the location of the supplier or the location of the recipient is outside India

CHAPTER–V

PAYMENT OF TAX

  1. Payment of tax, interest, penalty and other amounts
  2. Special provision for payment of tax by a supplier of online information and database access or retrieval services located outside India to specified person in the taxable territory

CHAPTER– VI

INPUT TAX CREDIT

  1. Claim of input tax credit, provisional acceptance, matching, reversal and reclaim of input tax credit or reduction in output tax liability
  1. Transfer of input tax credit

CHAPTER– VII

APPORTIONMENT OF TAX AND SETTLEMENT OF FUNDS

  1. Apportionment of tax collected under the Act and settlement of funds

CHAPTER– VIII

ZERO RATED SUPPLY

  1. Zero rated supply

CHAPTER– IX

MISCELLANEOUS

  1. Application of certain provisions of the CGST Act, 2016
  2. Power to make rules
  3. Tax wrongfully collected and deposited with the Central or a State Government
  4. Refund of IGST paid on supply of goods to outbound tourist

CHAPTER– X

TRANSITIONAL PROVISIONS

  1. Import of services or inter-State supply of goods and/or services made on or after the appointed day

CHAPTER– XI

ADMINISTRATION

  1. Classes of officers under the Integrated Goods and Services Tax Act, 2016
  2. Appointment of officers under the Integrated Goods and Services Tax Act, 2016
  3. Appointment of Officers of SGST as proper officer in certain circumstances
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