Supply between non individuals and members treated as taxable supplies; penalty, attachment and return rules tightened under GST. The Act treats transactions between a non individual person and its members or constituents as supplies between distinct persons with effect from 1 July 2017; conditions input tax credit on supplier furnishing invoice/debit note details in the statement of outward supplies and communication to the recipient; substitutes section 44 to mandate annual returns (with possible reconciliation) for most registered persons while exempting specified categories; revises interest, self assessed tax inclusion for outward supplies, provisional attachment and detention/penalty procedures, and consolidates information call and procedural provisions.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Supply between non individuals and members treated as taxable supplies; penalty, attachment and return rules tightened under GST.
The Act treats transactions between a non individual person and its members or constituents as supplies between distinct persons with effect from 1 July 2017; conditions input tax credit on supplier furnishing invoice/debit note details in the statement of outward supplies and communication to the recipient; substitutes section 44 to mandate annual returns (with possible reconciliation) for most registered persons while exempting specified categories; revises interest, self assessed tax inclusion for outward supplies, provisional attachment and detention/penalty procedures, and consolidates information call and procedural provisions.
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