Sahil Bhalla

Key Points To Understand Place Of Supply of Goods*
1) *Place of Supply is very important to determine* whether a transaction is a intra-state sale or inter-state sale. And accordingly SGST, CGST & IGST will be determined.
2) Situation for determining Place Of Supply of Good-
A) *Where the supply involves movement of goods*- Place of Supply is the…[Read more]

*Decisions at GST Council Meeting Yesterday*

1) Focused mainly on fitment of goods under slabs, discussed and approved:

2) 7 GST rules while legal committee is looking at remaining 2 (Return & Transition) Rules. 

3) Tariffs for about 1211 items was finalised

4) 81% of the items will fall up to 18% rate slabs. Only 19% of the goods above…[Read more]