Section 16 of Mizoram GST Act 2017 ( Section 16 of Mizoram 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… Read More »
Section 15 of Mizoram GST Act 2017 ( Section 15 of Mizoram 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… Read More »
Section 14 of Mizoram GST Act 2017 ( Section 14 of Mizoram GST Act 2017 explains Change in rate of tax in respect of supply of goods and services and is covered in Chapter IV : TIME AND VALUE OF SUPPLY ) Change in rate of tax in respect of supply of goods and services 14. Notwithstanding anything contained in… Read More »
Section 13 of Mizoram GST Act 2017 ( Section 13 of Mizoram 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… Read More »
Section 12 of Mizoram GST Act 2017 ( Section 12 of Mizoram 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… Read More »
Section 11 of Mizoram GST Act 2017 ( Section 11 of Mizoram GST Act 2017 explains Power to grant exemption from tax and is covered in Chapter III : LEVY AND COLLECTION OF TAX ) Power to grant exemption from tax 11. (1) Where the Government is satisfied that it is necessary in the public interest so to do, it… Read More »
Section 10 of Mizoram GST Act 2017 ( Section 10 of Mizoram GST Act 2017 explains Composition levy and is covered in Chapter III : LEVY AND COLLECTION OF TAX ) Composition levy 10. (1) Notwithstanding anything to the contrary contained in this Act but subject to the provisions of sub-sections (3) and (4) of section 9, a registered person,… Read More »
Section 9 of Mizoram GST Act 2017 ( Section 9 of Mizoram GST Act 2017 explains Levy and collection and is covered in Chapter III : LEVY AND COLLECTION OF TAX ) Levy and collection 9. (1) Subject to the provisions of sub-section (2), there shall be levied a tax called the Mizoram goods and services tax on all intra-State supplies of… Read More »
Section 8 of Mizoram GST Act 2017 ( Section 8 of Mizoram GST Act 2017 explains Tax liability on composite and mixed supplies and is covered in Chapter III : LEVY AND COLLECTION OF TAX ) Tax liability on composite and mixed supplies 8. The tax liability on a composite or a mixed supply shall be determined in the following… Read More »
Section 7 of Mizoram GST Act 2017 ( Section 7 of Mizoram GST Act 2017 explains Scope of supply and is covered in Chapter III : LEVY AND COLLECTION OF TAX ) Scope of supply 7. (1) For the purposes of this Act, the expression Scope of supply. “supply” includes- (a) all forms of supply of goods or services or… Read More »