Examples of CGST Act in a sentence
A debit note issued if any, by the vendor should be in accordance with the provisions of Sec 34 of the CGST Act.
An invoice issued by the vendor for goods or services or both as applicable should be in accordance with the provisions of Sec 31 of the CGST Act & should contain all the prescribed information’s in accordance with Chapter VI of CGST rules 2017.
Bidders are required to pass on the benefit arising out of introduction of GST, including seamless flow of Input Tax Credit, reduction in Tax Rate on inputs as well as final goods by way of reduction of price as contemplated in the provision relating to Anti-Profiteering Measure vide Section 171 of the CGST Act, 2017.
GST Law - means IGST Act 2017, CGST Act 2017, UTGST Act, 2017 and SGST Act, 2017and all related ancillary Rules and Notifications issued in this regard from time to time.
GST TDS will be deducted as per Section 51 of CGST Act 2017 and in line with Notification 50/2018 – Central Tax dated 13.09.2018.
GST Laws means IGST Act, GST (Compensation to the State for Loss of Revenue) Act, CGST Act, UTGST Act and SGSCT Act, 2017and all related ancillary legislations).
I say & undertake that as specified in section 171 of CGST Act, 2017, any reduction in rate of tax on supply of goods or services or the benefit of input tax credit shall be mandatorily passed on to MCGM by way of commensurate reduction in prices.
GST will be paid to the seller at the rates applicable based on description, HSN / SAC code and the relevant schedule of CGST Act.
GST Laws means IGST Act, GST (Compensation to the State for Loss of Revenue) Act CGST Act, UTGST Act and SGSCT Act-2017 and all related ancillary legislations).Contractor should charge GST in invoice at the rate as agreed to/mentioned in acceptance of tender only any deviation in the same shall not be accepted.
GST Law - means IGST Act 2017, CGST Act 2017, UTGST Act, 2017 and SGST Act, 2017and all related ancillary Rules and Notifications issued in this regard from time to time.2. The rates quoted by the bidders shall be inclusive of all taxes, duties and levies.