CGST Act definition

CGST Act means the Central Goods and Services Tax Act, 2017, as may be supplemented from time to time (and any successor provisions), including any statutory modifications, amendments or re-enactment thereof, together with all applicable by- laws, rules, regulations, orders, circulars, ordinances, directions, clarifications issued thereunder.

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.

Related to CGST Act

  • GST Act means A New Tax System (Goods and Services Tax) Xxx 0000 (Cth).

  • IT Act means the (Indian) Income-tax Act, 1961, as may be amended or supplemented from time to time together (including any successor provisions or re- enactments thereof) with all applicable bye-laws, rules, regulations, circulars, guidelines, notifications, orders, ordinances, policies, directions and the like issued thereunder, as may be amended or modified from time to time.

  • FILOT Act means Title 12, Chapter 44, of the Code, and all future acts successor or supplemental thereto or amendatory thereof.

  • ECT Act means the Electronic Communications and Transaction Act No 25 of 2002, as amended;

  • Terrorist Act means any actual or threatened use of force or violence directed at or causing damage, injury, harm or disruption, or commission of an act dangerous to human life or property, against any individual, property or government, with the stated or unstated objective of pursuing economic, ethnic, nationalistic, political, racial or religious interests, whether such interests are declared or not. Criminal acts, primarily committed for personal gain and acts arising primarily from prior personal relationships between perpetrator(s) and victim(s) shall not be considered terrorist acts. Terrorist act also includes any act, which is verified or recognised by the (relevant) Government as an act of terrorism.

  • POPI Act means the Protection of Personal Information Act 4 of 2013 as may be amended from time to time;

  • the 1985 Act means the Companies Act 1985;

  • the 1981 Act which means the Compulsory Purchase (Vesting Declarations) Act 1981.

  • the 1996 Act means the Education Act 1996;

  • Electricity Act means the Electricity Act, 1998, S.O. 1998, c. 15, Schedule A;

  • the 1990 Act means the Town and Country Planning Act 1990;

  • Occupational Health and Safety Act means the Occupational Health and Safety Act, 1993 (Act No 85 of 1993);

  • GST means Goods and Services Tax charged on the supply of material(s) and services. The term “GST” shall be construed to include the Integrated Goods and Services Tax (hereinafter referred to as “IGST”) or Central Goods and Services Tax (hereinafter referred to as “CGST”) or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable.

  • the 1961 Act means the Land Compensation Act 1961(d); “the 1965 Act” means the Compulsory Purchase Act 1965(e); “the 1980 Act” means the Highways Act 1980(f);

  • Mining Act means the Mining Xxx 0000;

  • European Data Protection Laws means the EU General Data Protection Regulation 2016/679 (“GDPR”) and data protection laws of the European Economic Area (“EEA”) and their member states and the FADP.