PLACE OF SUPPLY GOODS AND SERVICES

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 PLACE OF SUPPLY GOODS AND SERVICES

INTRODUCTION

Under the GST regime, determination of place of supply is most crucial factor because the chargeability whether of intra-State or inter-State depends on the place of supply. It shall be noted here that in GST there are 3 important concepts that is to be kept in mind –

  1. Taxable event i.e. supply,
  2. Time of Supply of Goods/Services,
  3. Place of Supply of Goods/Services

Therefore, place of supply is very important for proper compliance under GST law. In case the place of supply is wrongly determined, it may have vast implication as per the provisions of Section 77 discussed in the Chapter 1.23 — Demand and Recovery.

     


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