The Integrated Goods and Services Tax Act, 2017
The Integrated Goods and Services Tax Act, 2017 (IGST Act) is a comprehensive law that governs the levy and collection of tax on the supply of goods and services in the course of inter-state trade or commerce in India.
Summary
The Integrated Goods and Services Tax Act, 2017 (IGST Act) was enacted by the Indian Parliament to regulate the levy and collection of tax on the supply of goods and services in the course of inter-state trade or commerce. The Act is based on the concept of GST (Goods and Services Tax) which is a destination-based tax system. The IGST Act covers the provision of goods and services that are sold or supplied from one state to another state or Union Territory. The tax collected under this Act is divided between the Central Government and the State Government in the ratio of 50:50. The Act also provides for the rules and regulations regarding the registration of taxpayers, determination of place of supply, valuation of goods and services, input tax credit, and the filing of returns.
Table of Contents
| # | Section | Link |
|---|---|---|
| 1 | Section 1: Short Title, Extent And Commencement | Open |
| 2 | Section 2: Definitions | Open |
| 3 | Section 3: Appointment Of Officers | Open |
| 4 | Section 4: Authorisation Of Officers Of State Tax Or Union Territory Tax As Proper Officer In Certain Circumstances | Open |
| 5 | Section 5: Levy And Collection | Open |
| 6 | Section 6: Power To Grant Exemption From Tax | Open |
| 7 | Section 7: Inter-State Supply | Open |
| 8 | Section 8: Intra-State Supply | Open |
| 9 | Section 9: Supplies In Territorial Waters | Open |
| 10 | Section 10: Place Of Supply Of Goods Other Than Supply Of Goods Imported Into, Or Exported From India | Open |
| 11 | Section 11: Place Of Supply Of Goods Imported Into, Or Exported From India | Open |
| 12 | Section 12: Place Of Supply Of Services Where Location Of Supplier And Recipient Is In India | Open |
| 13 | Section 13: Place Of Supply Of Services Where Location Of Supplier Or Location Of Recipient Is Outside India | Open |
| 14 | Section 14: Special Provision For Payment Of Tax By A Supplier Of Online Information And Database Access Or Retrieval Services | Open |
| 15 | Section 15: Refund Of Integrated Tax Paid On Supply Of Goods To Tourist Leaving India | Open |