https://www.taxtmi.com/article/detailed?id=7223 The sector will be subject to a unified GST where Supply is the taxable event capturing all forms of transfers and certain transfers without consideration; time of supply is the earlier of invoice issuance and receipt of payment. Transaction value governs tax calculation with specified inclusions and documented pre-supply discounts excluded. Registration depends on aggregate turnover with mandatory registration for importers, exporters and inter-state suppliers; a composition option is available for small taxpayers. Stock transfers between locations or separately registered verticals are taxable, requiring disciplined invoicing and discount documentation. en-us Sat, 21 Jan 2017 07:17:19 +0530 Sat, 21 Jan 2017 07:17:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7223 The sector will be subject to a unified GST where Supply is the taxable event capturing all forms of transfers and certain transfers without consideration; time of supply is the earlier of invoice issuance and receipt of payment. Transaction value governs tax calculation with specified inclusions and documented pre-supply discounts excluded. Registration depends on aggregate turnover with mandatory registration for importers, exporters and inter-state suppliers; a composition option is available for small taxpayers. Stock transfers between locations or separately registered verticals are taxable, requiring disciplined invoicing and discount documentation. Articles Goods and Services Tax - GST Sat, 21 Jan 2017 07:17:19 +0530 https://www.taxtmi.com/article/detailed?id=7223