Nirbhay Jha LL.B Lovely Professional University, Phagwara, Punjab

1. Name: NirbhayJha

2. SUPPLY UNDER GST
•Supply includes all forms of supply of goods and services.
Goods section2(52)
includes actionable claim excludes
eg growing grass, grass etc. Money and securities
Service section 2(102)
includes excludes
Activities relating to use of money goods, money
or conversion of money for which and securities
separate consideration is charged

3. MODES OF SUPPLY
Sale Sale of goods
Transfer It is inter state stock transfer
Bartar Transaction involving exchange of goods, in this case
same activity constitutes supply as well as consideration.
Eg a grocery shop owner exchanges grains for fruit
from fruit seller
Exchange Eg old mobile phone is exchange for new one and some
additional cash has been paid.
License, lease, rental All are cover with or without transfer of right to use are
cover under supply.
disposal Eg disposal of waste

4. TYPES OF SUPPLIES
There are three types of supplies
 Individual supply
eg sale of dry fruits, chocolates etc
 Composite supply section 2(30)
eg buy TV, Mobile etc
 Mixed supply section 2(74)
eg a supply of more one goods or services as a
bundle will be reckoned as mixed supply

5. Mixed supply s2(30):
 It means a supply made by taxable person to recipient
consisting of two or more taxable supplies of goods or
service.
 feature:
1. it should be supply made taxable person to a recipient
2. It should be consist of two or more taxable supplies of
goods of services
3. supplies should be connected to each other
4. There must be one principal supply among to supplies
Eg: Rohit purchase LED TV and also gets a maintenance
contract with the LED

6. MIXED SUPPLY S2(74)
 It means two or more individual supplies of goods
or services thereof, made conjunction with each
other by a taxable person for single price where
such supply does no constitute a composite supply.
 essentials
1. Goods or services are supplied for a single price
2. They are not naturally bundled with each other
3. It does not qualify as composite supply.
ex A supply of a package comprising of shirts, pants,
tie and shoes for a single price.

7. VALUE OF SUPPLY OF GOODS SERVICE
•Means the money that a seller would want to collect the goods
and services supplied.
•The amount collected by the seller from the buyer is the value
of supply

8. PLACE OF SUPPLY OF SERVICES
•It the location of the service recipient
•If the services provider are unregistered and their location is
not available the location of services provider will be the place
of services.
•

10. TIME OF SUPPLY
•Time of supply means the point in time when goods/services
are considered supplied, when the seller knows the time it
helps to identify due date for payment of taxes.
Time of supply
Time of
supply of
goods s 12
Time of
supply for
services s 13
Time of
supply under
reverse
charge

11. DETERMINATION OF SUPPLY
Time of supply of goods
time of supply of goods is earliest of :
•Date of issue of invoice
Last date on which invoice should have been issued
Date of receipt of advance/payment

12. Example
date of invoice 15th August 2019
Date of receipt of payment 10 September 2019
Date when supplier recorded receipt in books 11 October 2019
thus the time of supply will be 15th May
Time of supply for vouchers
In case of supply of vouchers the time of supply is-
1. the date of issue of voucher, if the supply can be identified at that
point or
2. The date of redemption of voucher, in all other case,
When time cannot be determined
1. The date on which periodical return has to be filed or
2. the date on which the GST is paid, in any other cases

13. TIME OF SUPPLY FOR SERVICES
Time of supply of services is earliest of:
 Date of issue of invoice
 Date of receipt of advance /payment
 Date of provision of services
Eg: Ram provides services worth 15000 to Shyam on 2
October . The invoice was issued on 15th October and
the payment for the services was received on 19
October.
The time of supply will be the earliest of : date of invoice
issue and date of payment i.e 15 Octber .

14. TIME OF SUPPLY OF UNDER REVERSE CHARGE
In this case the time of supply for service receiver is earliest of
:
•Date of payment
•30 days from the date of issue of invoice for goods
Eg M/s XYD Pvt. Ltd. Under took service of a director Mr. Ram
worth Rs. 50000 on 15th September. This was raised on 1
October. M/s XYZ Pvt. Ltd. The payment on 1st December.
The time of supply, in this case, will be earliest of :
•Date of payment=1st November
•60days from the date of date of invoice=2nd October
Thus , the time of supply of services is 2nd October.

15. VALUE OF SUPPLY OF GOODS OR SERVICES
•It means the money that a seller would want to collect the
goods and services supplied.
• the amount collected by the seller from the buyer is the value
of supply

16. PLACE OF SUPPLY
Place of supply determine the right tax to be charge on the
invoice
Location of
service
receiver
Place of
supply
Nature of
supply
GST
Applicable
Punjab Punjab Intra-state CGST+SGST
Punjab Delhi Inter-state IGST

17. Section 10-14 define supplies is different ways
 Section 10- it deals with the place of supply of
goods other than supply of goods imported into or
exported from india
 Section 11- place of supply of goods imported into
or exported from india
 Section 12- place of supply of services where
location of supplier and recipient is in india
 Section 13- place of supply where location of
supplier or location of recipient is outside india
 section14-special provision for payment of tax by a
supplier of online information and database access
or retrieval service.

18. Types of supply
Geographical basis Purpose recipient
Domestic supply
Cross border supply
Business to business supply
Business to consumer supply

19. Place of supply
Place of supply
for services
Place of supply
of Goods

20. VALUE OF SUPPLY SECTION 15
•When tax is determined as a percentage of value, it is called as
ad valorem basis.
•And also under GST Tax is levied as a percentage of value of
supply, whether it is goods or services.
•Value of supply includes any taxes, cesses, fees and charges
levied under any law being enforce other than GST

21. Value of supply
General valuation mechanism
Supply satisfying
basic conditions
Valuation under
section
15(1),(2),& (3)
GST Act
Supply not
satisfying basic
condition
Rule 27-31 CGST
Rule 2017
Notified supplies valuation
Supplies notified by
central government
Valuation
CGST Rule 2017

22. CONTI…..
As per section 15(1) there are two important inferences. These
are:
 supplier and recipient for application are not allowed
 the price is the sole consideration are not related
if these conditions are met then formula will be
Value of supply= Transaction value( paid or payable) +certain
elements( eg Any taxes, duties except GS

23. CASE GROSS
AMOUNT OF
CURRENCY
CALCULATION VALUE OF
SUPPLY
I Rs 20,000 1% or 250 which ever is higher 250
II Rs80,000 1% or 250 whichever is higher 800
III Rs 25,000 1% ,upto Rs 1,00,000 1,000
0.5% ,Next 1,50,000 750
1,750
IV Rs 10,00,000 1% ,upto 1,00,000 1,000
0.5%, next 9,00,000 4,500
5,500
V Rs 20,00,000 1%, upto 1,00,000 1,000
0.5%, Next 9,00,000 4,500
0.1% ,Remaining 1,00,000 1,000
6,500
VI Rs 7crore 1%,upto 1,00,000 1,000
0.5%, next 9,00,000 4,500
0.1%, remaining 6,90 lakhs 69,000
--------
74,500
Max. limit 60,000
60,000

24. DEEMED SUPPLY
 No consideration received for supply of goods or
services
Eg1 barter arrangement where goods sold are
settled by other goods from customer
Eg2 free bottles of regularly sold shampoo to
customers

25. CLASSIFICATION OF GOODS AND SERVICES
 Schedule II of the GST act classified goods and
services:
 Schedule III of the GST Act describes the

27. Neither supply nor services
1. Services by an employee to the employer in the course of employment
2. Services by any court or tribunal est. under any law
3. a. Functions performed by MP, MSL, etc
b. duties performed by any person who holds any post in provisions of
Constitution in capacity
c. Duties performed by any person as CP, Director in any body est. by
Appropriate Govt.
4. Services of funeral, burial, cremation or mortuary including transportation of
deceased.
5. Sale of land and sale of building
6. Actionable claims, other than lottery, betting and gambling.

28. INPUT CREDIT TAX
 Section 2(63) defines input credit tax
 means the Central tax, State tax, Integrated tax or
Union territory tax charged on any supply of goods
or services made to a registered person but not
paid the composition levy.

29. It includes
 IGST which is charged on import of goods
 Tax payable as per section 9(3), (4) of CGST Act
 The Tax payable as per section5(3) and (4) of
ISGT Act
 The tax payable as per section 9(3) and (4) of
SGST Act
 the tax payable as per section 7(3) and (4) of
UGST Act

30. ELIGIBILITY FOR AVAILING ITC SEC16(1)
 ITC is available only to a registered person who the
inputs in furtherance of business.
Essentials:
1. registered person
2. furtherance of business
Exception: if any person pays tax under section 10 of
CGST Act, then that person cannot claim under
this section

31. CONDITIONS FOR AVAILING ITC SECTION16(2)
 These conditions are:
1. Possession of invoice
2. Receipt of goods or service
3. Payment of tax to the Govt.
4. Filing of return valid return

32. TIME LIMIT FOR AVAILING THE ITC SECTION
16(4)
Earlier of
Due date of filing for
the return for the
month of Sept.
Immediately following
the end of financial
year i.e 20 Oct.
Or Date of filing the annual
return of the relevant
financial year.
Section 39)1) every
calendar month of 20th
days from the end of
calendar month
i.e 20th october
Section 44(1)
Annual return for every
financial year on or before 31
December

33. APPORTIONMENT OF ITC SECTION17
 Where goods or services are used partly for
business purposes and partly for others. Sec17(1)
In this case no ITC will be available inputs for non
business purposes.
Eg 20% of Goods kept for personal use. So only 80%
goods will available for ITC.