Section 21 Odisha GST Act 2017 [ Section 21 Odisha GST Act 2017 explains Manner of recovery of credit distributed in excess and is covered in Chapter V : Input Tax Credit ] Manner of recovery of credit distributed in excess 21. Where the Input Service Distributor distributes the credit in contravention of the provisions contained in section 20 resulting… Read More »
Section 20 Odisha GST Act 2017 [ Section 20 Odisha GST Act 2017 explains Manner of distribution of credit by Input Service Distributor and is covered in Chapter V : Input Tax Credit ] Manner of distribution of credit by Input Service Distributor 20. (1) The Input Service Distributor shall distribute the credit of State tax as State tax or… Read More »
Section 19 Odisha GST Act 2017 [ Section 19 Odisha GST Act 2017 explains Taking input tax credit in respect of inputs and capital goods sent for job work and is covered in Chapter V : Input Tax Credit ] Taking input tax credit in respect of inputs and capital goods sent for job work. 19. (1) The principal shall,… Read More »
Section 18 Odisha GST Act 2017 [ Section 18 Odisha GST Act 2017 explains Availability of credit in special circumstances and is covered in Chapter V : Input Tax Credit ] Availability of credit in special circumstances 18. (1) Subject to such conditions and restrictions as may be prescribed– (a) a person who has applied for registration under this Act… Read More »
Section 17 Odisha GST Act 2017 [ Section 17 Odisha GST Act 2017 explains Apportionment of credit and blocked credits and is covered in Chapter V : Input Tax Credit ] Apportionment of credit and blocked credits 17. (1) Where the goods or services or both are used by the registered person partly for the purpose of any business and… Read More »
Section 16 Odisha GST Act 2017 [ Section 16 Odisha GST Act 2017 explains Eligibility and conditions for taking input tax credit and is covered in Chapter V : Input Tax Credit ] Eligibility and conditions for taking input tax credit 16. (1) Every registered person shall, subject to such conditions and restrictions as may be prescribed and in the… Read More »
Section 15 Odisha GST Act 2017 [ Section 15 Odisha GST Act 2017 explains Value of taxable supply and is covered in Chapter IV : Time and Value of Supply ] Value of taxable supply 15. (1) The value of a supply of goods or services or both shall be the transaction value, which is the price actually paid or… Read More »
Section 14 Odisha GST Act 2017 [ Section 14 Odisha GST Act 2017 explains Change in rate of tax in respect of supply of goods or services and is covered in Chapter IV : Time and Value of Supply ] Change in rate of tax in respect of supply of goods or services 14. Notwithstanding anything contained in section 12… Read More »
Section 13 Odisha GST Act 2017 [ Section 13 Odisha GST Act 2017 explains Time of supply of services and is covered in Chapter IV : Time and Value of Supply ] Time of supply of services 13. (1) The liability to pay tax on services shall arise at the time of supply, as determined in accordance with the provisions… Read More »
Section 12 Odisha GST Act 2017 [ Section 12 Odisha GST Act 2017 explains Time of supply of goods and is covered in Chapter IV : Time and Value of Supply ] Time of supply of goods 12. (1) The liability to pay tax on goods shall arise at the time of supply, as determined in accordance with the provisions… Read More »