https://www.taxtmi.com/forum/issue?id=116165 Section 2(24) of the IGST Act requires that words and expressions used in the IGST Act but not defined there shall have the same meaning as assigned to them in the CGST Act, the UTGST Act or the Compensation Cess Act. This definition borrowing ensures consistent terminology across GST laws: where a term (for example intermediary, exempt supply or input tax credit) is defined in one Act but omitted in another, the definition from the Act that contains it is to be used for interpretation and application. en-us Mon, 23 Mar 2020 21:08:22 +0530 Thu, 23 Jan 2025 15:54:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=116165 Section 2(24) of the IGST Act requires that words and expressions used in the IGST Act but not defined there shall have the same meaning as assigned to them in the CGST Act, the UTGST Act or the Compensation Cess Act. This definition borrowing ensures consistent terminology across GST laws: where a term (for example intermediary, exempt supply or input tax credit) is defined in one Act but omitted in another, the definition from the Act that contains it is to be used for interpretation and application. Discussion-Forum GST Mon, 23 Mar 2020 21:08:22 +0530 https://www.taxtmi.com/forum/issue?id=116165