Relevant Definition Under Gst

 Address of delivery (Sec 2(2) of CGST Act) refers to the address of the recipient of goods
and/or services indicated on the tax invoice issued by a taxable person for delivery of such goods
and/or services.

 Aggregate turnover  (Sec 2(6) of CGST Act) means the total value of all taxable supplies,
exempt supplies, exports of goods and/or services, and interstate supplies of a person having the
same PAN, computed on the pan-India basis and excluding taxes. However, the value of inward
supplies on which taxation is based on reverse-charge mechanism shall not be admitted.

 Assessment (Sec 59 of CGST Act)  means the determination of tax liability inclusive of self-
assessment, re-assessment, provisional assessment, summary assessment, and best judgment
assessment.
Relevant Definition Under GST
 Business (Sec 2(17) of CGST Act) Business includes –
• (a) Any trade, commerce, manufacture, profession, vocation or any other similar activity,
whether or not it is for a pecuniary benefit;
• (b) Any activity or transaction in connection with or incidental or ancillary to (a) above;
• (c) Any activity or transaction in the nature of (a) above, whether or not there is volume,
frequency, continuity or regularity of such transaction;
• (d) Supply or acquisition of goods including capital assets and services in connection with
commencement or closure of business;
• (e) Provision by a club, association, society, or any such body (for a subscription or any other
consideration) of the facilities or benefits to its members, as the case may be;
• (f) admission, for a consideration, of persons to any premises; and services supplied by a
person as the holder of an office which has been accepted by him in the course or
furtherance of his trade, profession or vocation;
 Relevant Definition Under Gst
 Capital goods (Sec 2(19) of CGST Act)  are goods that are capitalized in the books of accounts of the
person claiming the credit and are intended to be used during business.

 Casual taxable person (Sec 2(20) of CGST Act)  is a person occasionally undertaking transactions
involving the supply of goods and/or services during business, whether as principal, agent or in any other
capacity, in a taxable territory where he has no fixed place of business.

 Common portal  (Sec 2(26) of CGST Act) refers to the online GST portal approved by the Central and
State Governments, on the recommendation of the council.

 Composite supply (Sec 2(30) of CGST Act)  means a supply consisting of two or more goods and/or
services, which are naturally bundled and provided together, one being a principal supply.
 Relevant Definition Under Gst
 Consideration (Sec 2(31) of CGST Act)  relates to the supply of goods or services involving:

• Any payment made or to be made, whether in money or kind

• Monetary value of any act or forbearance, whether or not voluntary

However, the subsidy given by the Central and/or State Governments are not included.

 Credit note  (Sec 2(37) of CGST Act) means a document issued by a taxable person in relation to the
tax invoice exceeding the taxable value and/or tax payable in respect of supply, or where the goods
supplied are returned by the recipient, or where the services supplied are found to be deficient.
 Relevant Definition Under Gst
 Debit note (Sec 2(38) of CGST Act)  means a document issued by a taxable person relating to the
taxable value and/or tax charged as per the tax invoice when found to be less than the taxable value
and/or tax payable in respect of such supply.

 Electronic commerce  (Sec 2(44) of CGST Act) means the supply of goods and/or services including
digital products over a digital or electronic network.

 Electronic commerce operator  (Sec 2(45) of CGST Act) means who owns, operates or manage
digital or electronic facility or platform of electronic commerce.

 Exempt supply  (Sec 2(47) of CGST Act) means supply of any goods and/or services that are not
taxable and includes such supply of goods and/or services that attract zero rate of tax or that may be
exempt from tax per section 11.
 Relevant Definition Under Gst
 Fixed establishment (Sec 2(50) of CGST Act)  is a place, other than the place of business, that has a
sufficient degree of permanence and suitable structure regarding human and technical resources as to
supply/receive/use services for its own

 Forward charge means the tax liability of the supplier of goods and/or services to levy the tax on the
recipient of the goods and/or services and to remit the same to the credit of the government.

 Goods (Sec 2(52) of CGST Act)  refers to all types of movable property, including actionable claim,
growing crops, grass, and things attached to the land that are agreed to be severed before supply or
under a contract of supply. Excludes securities and money.
 Relevant Definition Under Gst
 Harmonized System Nomenclature (HSN) Code is a numeral used to classify goods for taxation
purposes provided by the World Customs Organization.

 Input service distributor (Sec 2(61) of CGST Act)  means an office of the supplier of goods and/or
services that receives tax invoices issued under section 31 toward the receipt of input services and
issues a prescribed document for distributing the credit of CGST, SGST, UTGST and/or IGST paid for
the said services.

 Import of Goods The import of goods has been defined in the IGST Act, 2017 as bringing goods into
India from a place outside India. All imports shall be deemed as inter-State supplies and accordingly
Integrated tax shall be levied in addition to the applicable Custom duties.
 Relevant Definition Under Gst
 Input tax  (Sec 2(62) of CGST Act) in relation to a regisstered person, means the central tax, state tax,
integrated tax or Union territory tax charged on any supply of goods or services or both made to him and includes:

o IGST charged on the import of goods.

o Tax payable under subsections (3) and (4) of section 9.

o Tax payable under subsections (3) and (4) of section 5 of the IGST Act.

o Tax payable under subsections (3) and (4) of section 9 of the respective SGST Act; or

o Tax payable under subsections (3) and (4) of section 7 of the UTGST Act.

However, it does not include the tax paid under the composition levy.

 Input tax credit  (Sec 2(63) of CGST Act) means the credit of input tax.
 Relevant Definition Under Gst
 Intrastate supply of goods (Sec 2(64) of CGST Act)  means the supply of goods during intrastate
trade or commerce regarding subsection (1) of section 8 of IGST Act, 2017.

 Intrastate supply of services (Sec 2(65) of CGST Act)  means the supply of services during intrastate
trade or commerce regarding subsection (2) of section 8 of IGST Act, 2017.

 Invoice (Sec 2(66) of CGST Act)  shall have the meaning as assigned to “Tax Invoice” as under section
31.

 Inward supply (Sec 2(67) of CGST Act)  refers to the receipt of goods and/or services, whether by
purchase, acquisition, or any other means, and with or without any consideration.

 Job work  (Sec 2(68) of CGST Act) means undertaking any treatment or process by a person on goods
belonging to another registered taxable person
 Relevant Definition Under Gst
 Mixed supply (Sec 2(74) of CGST Act)  means two or more individual supplies of goods and/or services made
together by a taxable person for a single price where such supply does not form a composite supply.

 Non-resident taxable person (Sec 2(77) of CGST Act)  is someone who occasionally undertakes transactions
involving the supply of goods and/or services, whether as principal or agent, or in any other capacity, but with no fixed
place of business in India.

 Non taxable Supply (Sec 2(78) of CGST Act)  means a supply of goods or services or both which is not leviable to
tax under this act.

 Output tax  (Sec 2(82) of CGST Act) means the CGST/SGST on taxable supply of goods and/or services made by a
taxable person or by his agent. Excludes tax payable on a reverse-charge basis.

 Outward supply  (Sec 2(83) of CGST Act) refers to the supply of goods and/or services, whether by sale, transfer,
barter, exchange, licence, rental, lease, or disposal, or any other means made or agreed to be made during business.
 Relevant Definition Under
Person (Sec 2(84) of CGST Act)
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 Relevant Definition Under Gst
 Place of business (Sec 2(85) of CGST Act)  includes:

o A place from where the business is ordinarily carried on, including a warehouse, a godown, or any other place where a
taxable person stores his goods, or provides or receives goods and/or services

o A place where a taxable person keeps his books of account

o A place where a taxable person is engaged in business through an agent

 Recipient (Sec 2(93) of CGST Act)  of supply of goods and/or services means:

o Where the consideration is payable, the person liable to pay that consideration.

o Where no consideration is payable, the person to whom the goods and/or services are delivered/rendered or made
available but Includes an agent working on behalf of the recipient in relation to the goods and/or services provided.

 Registered person (Sec 2(94) of CGST Act)  means a person who is registered under section 25 but does not include a
person having UIN

 Return (Sec 2(97) of CGST Act)  refers to any return prescribed or required to be furnished.
 Relevant Definition Under Gst
 Reverse charge  (Sec 2(98) of CGST Act) means the tax liability on the recipient of the supply of goods and/or
services instead of the supplier of such goods and/or services.

 Services (Sec 2(102) of CGST Act)  means anything other than goods, money and securities but includes
activities relating to the use of money or its conversion by cash or by any other mode, from one form, currency or
denomination, to another form, currency or denomination for which a separate consideration is charged.

 Supplier (Sec 2(105) of CGST Act)  signifies the person providing the said goods and/or services and shall
include an agent acting as such on behalf of such supplier about the goods and/or services provided.

 Supply  includes all forms of supply of goods and/or services such as sale, transfer, barter, exchange, license,
rental, lease, or disposal made or agreed to be made for a consideration by a person in the course of business
and also includes import of services for a consideration whether or not in the course of business.
 Relevant Definition Under Gst
 Taxable person (Sec 2(107) of CGST Act)   is an individual who carries on any business at any place in any state of
India and who is registered or required to be registered under GST.

 Turnover in a state (Sec 2(112) of CGST Act)   or in Union Territory means the aggregate value of all taxable
supplies, exempt supplies, exports of goods and/or services made within a state or Union Territory by a taxable
person and interstate supplies of goods and/or services made from the state or Union Territory excluding taxes. Like
aggregate turnover, the value of inward supplies on which taxation is based on reverse-charge mechanism shall not
be admitted.

 Zero-rated supply, as per section 16 of IGST Act, 2017, means supply of any goods and/or services including:

o export of goods or services or both; or

o supply of goods or services or both to a Special Economic Zone developer or a Special Economic Zone unit.