banner_ad

Levy and collection under gst

200 views 1 replies
what is levy and collection under gst .
anybody explain in detail...
Replies (1)
Goods and service Tax levied and collected by the GOVT , as per chapter III , Section 9 levy and collection of the CGST act 2017 .

1) As per sub section 1 of the section 9 GST will be levied on all Goods and services , except on the supply of alcoholic liquor for human consumption not exceeding 20,%

2) petroleum products , High Speed diesel , motor spirit , natural gas , aviation turbine full will be levied from such date as notified by the GOVT, on the recommendation of council .

3) Goods and services tax will be levied on Reverse Charge basis on certain Goods and services tax notified by the GOVT ,

4) Goods and services tax will be levied on Reverse Charge basis on specified person's in respect of specified goods and services .

5) GST will be levied on electronic commerce operator .


CCI Pro

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured ARTICLESHIP 19 March 2026
Article Assistant

Gupta Sachdeva & Co. Chartered Accountants

New Delhi

CA Final

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details