A complete understanding of Place Of Supply(POS) Under GST



Why we need to understand POS: Understanding of Place of Supply is imperative to decide whether a particular transaction is inter-state or a intra state transaction. If we identifya particular transaction as inter or intra state then we have to charge CGST SGST/UTGST in case of intrastate transaction and IGST in case of Inter-state transaction otherwise than any exemption is available. Important Definitions for understanding POS:- 1. Location of Supplier -Section 2(71): It means
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Delhi

Chartered AccountantWorking With:- RPMD Associates

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