Collection of CGST and SGST

 

Impose of SGST and CGST


Collection of CGST and SGSTLevy and Collection of Central/State Goods and Services Tax


GST is levied on the supply of goods and (or) services. If such goods or(and) services are within the states of India, CGST and SGST are charged.


Who has to pay GST?

GST has to be paid by every taxable person in accordance with GST Act.


What are the goods fall under reverse charge basis under GST?

The GST authorities (Central, State or GST council) specify categories of supply of goods and services time to time.


The extract of GST model Law pertaining to levy of GST in India is quoted below:

“There shall be levied a tax called the Central Goods and Service Tax/State Goods and Services Tax (CGST/SGST) on all intra-State supplies of goods and/or services at the rate specified in the Schedule . . . to this Act and collected in such manner as may be prescribed.


The CGST/SGST shall be paid by every taxable person in accordance with the provisions of this Act.

Notwithstanding anything contained in sub-section (2), the Central or a State Government may, on the recommendation of the Council, by notification, specify categories of supply of goods and/or services the tax on which is payable on reverse charge basis and the tax thereon shall be paid by the person receiving such goods and/or services and all the provisions of this Act shall apply to such person as if he is the person liable for paying the tax in relation to such goods and/or services. “

 

   

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