GST : Inter or Intra



whether it will be intra or inter, in case a transaction takes place between water land of india.
and how?


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student

Please elaborate your question


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I meant in case transaction takes place outside state and union territory of India..

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how can you says it's intra where goods or services have not crossed any of the border state or ut

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Finance Professional

as per your ques if transaction takes place outside state and union territory then it is called inter-state

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my question is in case transaction is wholly outside the scope of states and union territories (5) of India,, like In water zones

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Finance Professional

i think it is also covered under inter state supply where IGST is levied on the transaction value u/s 15 of CGST Act where IGST shall be levied and collected as per section 3 of Custom tariff act 1975

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I strongly disagree with IGSt being levied as there is no inter transaction

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ACCOUNTS PROFESSIONAL

To determine supply interstate , the provision of Section 7(1) IGST , for Goods & Section 7(3)IGSt for services , which gives a thumb rule that where the location of supplier & place of supply of Goods or Services are in :
- two different state
-two different UT
-state & It
shall be treated as inter state supply

And

As per section 5 IGST Act , IGST shall be applicable on all interstate supply

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