TaxTMI 
TaxTMI 
Definitions.
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.... other mercantile agent, by whatever name called, who carries on the business of supply or receipt of goods or services or both on behalf of another; (6) "aggregate turnover" means the aggregate value of all taxable supplies (excluding the value of inward supplies on which tax is payable by a person on reverse charge basis), exempt supplies, exports of goods or services or both and inter-State supplies of persons having the same Permanent Account Number, to be computed on all India basis but excludes central tax, State tax, Union territory tax, integrated tax and cess; (7) "agriculturist" means an individual or a Hindu Undivided Family who undertakes cultivation of land- (a) by own labour, or (b) by the labour of family, or (c) by servants on wages payable in cash or kind or by hired labour under personal supervision or the personal supervision of any member of the family; (8) "Appellate Authority" means an authority appointed or authorised to hear appeals as referred to in section 107; (9) "Appellate Tribunal" means the Goods and Services Tax Appellate Tribunal constituted under section 109; (10) "appointed day" means the date on which the provisions of this Act shall c....
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....public authorities; 5[(18) *****] (19) "capital goods" means goods, the value of which is capitalised in the books of account of the person claiming the input tax credit and which are used or intended to be used in the course or furtherance of business; (20) "casual taxable person" means a person who occasionally undertakes transactions involving supply of goods or services or both in the course or furtherance of business, whether as principal, agent or in any other capacity, in a State or a Union territory where he has no fixed place of business; (21) "central tax" means the central goods and services tax levied under section 9; (22) "cess" shall have the same meaning as assigned to it in the Goods and Services Tax (Compensation to States) Act; (23) "chartered accountant" means a chartered accountant as defined in clause (b) of sub-section (1) of section 2 of the Chartered Accountants Act, 1949 (38 of 1949). (24) "Commissioner" means the Commissioner of central tax and includes the Principal Commissioner of central tax appointed under section 3 and the Commissioner of integrated tax appointed under the Integrated Goods and Services Tax Act; (25) "Commissioner i....
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....of such goods as the Government may, subject to such conditions, as it may, by notification, specify; (33) "continuous supply of services" means a supply of services which is provided, or agreed to be provided, continuously or on recurrent basis, under a contract, for a period exceeding three months with periodic payment obligations and includes supply of such services as the Government may, subject to such conditions, as it may, by notification, specify; (34) "conveyance" includes a vessel, an aircraft and a vehicle; (35) "cost accountant" means a cost accountant as defined in 6[clause (b)] of sub-section (1) of section 2 of the Cost and Works Accountants Act, 1959 (23 of 1959); (36) "Council" means the Goods and Services Tax Council established under article 279A of the Constitution; (37) "credit note" means a document issued by a registered person under sub-section (1) of section 34; (38) "debit note" means a document issued by a registered person under sub-section (3) of section 34; (39) "deemed exports" means such supplies of goods as may be notified under section 147; (40) "designated authority" means such authority as may be notified by the Board; (41) "document" in....
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....ation to States) Act" means the Goods and Services Tax (Compensation to States) Act, 2017; (55) "goods and services tax practitioner" means any person who has been approved under section 48 to act as such practitioner; (56) "India" means the territory of India as referred to in article 1 of the Constitution, its territorial waters, seabed and sub-soil underlying such waters, continental shelf, exclusive economic zone or any other maritime zone as referred to in the Territorial Waters, Continental Shelf, Exclusive Economic Zone and other Maritime Zones Act, 1976 (80 of 1976), and the air space above its territory and territorial waters; (57) "Integrated Goods and Services Tax Act" means the Integrated Goods and Services Tax Act, 2017; (58) "integrated tax" means the integrated goods and services tax levied under the Integrated Goods and Services Tax Act; (59) "input" means any goods other than capital goods used or intended to be used by a supplier in the course or furtherance of business; (60) "input service" means any service used or intended to be used by a supplier in the course or furtherance of business; 20[(61) "Input Service Distributor" means an office of the s....
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....rd, and any other authority legally entitled to, or entrusted by the Central Government or any State Government with the control or management of a municipal 22[fund] or local fund; 23[Explanation.--For the purposes of this sub-clause- (a) "local fund" means any fund under the control or management of an authority of a local self-government established for discharging civic functions in relation to a Panchayat area and vested by law with the powers to levy, collect and appropriate any tax, duty, toll, cess or fee, by whatever name called; (b) "municipal fund" means any fund under the control or management of an authority of a local self-government established for discharging civic functions in relation to a Metropolitan area or Municipal area and vested by law with the powers to levy, collect and appropriate any tax, duty, toll, cess or fee, by whatever name called;] (d) a Cantonment Board as defined in section 3 of the Cantonments Act, 2006 (41 of 2006); (e) a Regional Council or a District Council constituted under the Sixth Schedule to the Constitution; (f) a Development Board constituted under article 371 7[and article 371J] of the Constitution; or (g) a Regional ....
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....hese items can be supplied separately and is not dependent on any other. It shall not be a mixed supply if these items are supplied separately. (75) "money" means the Indian legal tender or any foreign currency, cheque, promissory note, bill of exchange, letter of credit, draft, pay order, traveller cheque, money order, postal or electronic remittance or any other instrument recognised by the Reserve Bank of India when used as a consideration to settle an obligation or exchange with Indian legal tender of another denomination but shall not include any currency that is held for its numismatic value; (76) "motor vehicle" shall have the same meaning as assigned to it in clause (28) of section 2 of the Motor Vehicles Act, 1988 (59 of 1988); (77) "non-resident taxable person" means any person who occasionally undertakes transactions involving supply of goods or services or both, whether as principal or agent or in any other capacity, but who has no fixed place of business or residence in India; (78) "non-taxable supply" means a supply of goods or services or both which is not leviable to tax under this Act or under the Integrated Goods and Services Tax Act; (79) "non-taxable ....
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....place of business" includes-- (a) a place from where the business is ordinarily carried on, and includes a warehouse, a godown or any other place where a taxable person stores his goods, supplies or receives goods or services or both; or (b) a place where a taxable person maintains his books of account; or (c) a place where a taxable person is engaged in business through an agent, by whatever name called; (86) "place of supply" means the place of supply as referred to in Chapter V of the Integrated Goods and Services Tax Act; (87) "prescribed" means prescribed by rules made under this Act on the recommendations of the Council; (88) "principal" means a person on whose behalf an agent carries on the business of supply or receipt of goods or services or both; (89) "principal place of business" means the place of business specified as the principal place of business in the certificate of registration; (90) "principal supply" means the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary; (91) "proper officer" in relation to any function to be performed und....
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.... 1956); (102) "services" means anything other than goods, money and securities but includes activities relating to the use of money or its conversion by cash or by any other mode, from one form, currency or denomination, to another form, currency or denomination for which a separate consideration is charged; 8[Explanation.--For the removal of doubts, it is hereby clarified that the expression "services" includes facilitating or arranging transactions in securities;] 17[(102A) "specified actionable claim" means the actionable claim involved in or by way of- (i) betting; (ii) casinos; (iii) gambling; (iv) horse racing; (v) lottery; or (vi) online money gaming;] (103) "State" includes a Union territory with Legislature; (104) "State tax" means the tax levied under any State Goods and Services Tax Act; (105) "supplier" in relation to any goods or services or both, shall mean the person supplying the said goods or services or both and shall include an agent acting as such on behalf of such supplier in relation to the goods or services or both supplied; 18[Provided that a person who organises or arranges, directly or indirectly, supply of specified actionable claims, i....
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.... Lakshadweep; 12[(c) Dadra and Nagar Haveli and Daman and Diu; (d) Ladakh;] (e) Chandigarh; 13[****] 14[(ea) Ladakh; and] (f) other territory. Explanation.--For the purposes of this Act, each of the territories specified in sub-clauses (a) to (f) shall be considered to be a separate Union territory; (115) "Union territory tax" means the Union territory goods and services tax levied under the Union Territory Goods and Services Tax Act; (116) "Union Territory Goods and Services Tax Act" means the Union Territory Goods and Services Tax Act, 2017; 24[(116A) "unique identification marking" means the unique identification marking referred to in clause (b) of sub-section (2) of section 148A and includes a digital stamp, digital mark or any other similar marking, which is unique, secure and non-removable;] (117) "valid return" means a return furnished under sub-section (1) of section 39 on which self-assessed tax has been paid in full; 19[(117A) "virtual digital asset" shall have the same meaning as assigned to it in clause (47A) of section 2 of the Income-tax Act, 1961 (43 of 1961.);] (118) "voucher" means an instrument where there is an obligation to accept it as conside....
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.... used to distribute the goods or supply of services; and (e) the nature of regulatory environment (wherever applicable), including banking, insurance, or public utilities;" 6. Substituted vide Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-02-2019 before it was read as "clause (c)" 7. Inserted vide Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-02-2019 8. Inserted vide Central Goods and Services Tax (Amendment) Act, 2018 w.e.f 01-02-2019 9. Inserted vide FINANCE (NO. 2) ACT, 2019 w.e.f................ 10. Inserted vide UNION TERRITORY OF DADRA AND NAGAR HAVELI AND DAMAN AND DIU CENTRAL GOODS AND SERVICES TAX (AMENDMENT) REGULATION, 2020 dated 24-01-2020 w.e.f. 26-01-2020 11. Omitted vide UNION TERRITORY OF DADRA AND NAGAR HAVELI AND DAMAN AND DIU CENTRAL GOODS AND SERVICES TAX (AMENDMENT) REGULATION, 2020 dated 24-01-2020 w.e.f. 26-01-2020 before it was read as "(d) Daman and Diu" 12. Substituted vide Finance Act, 2020 dated 27-03-2020 w.e.f. 30-06-2020 before it was read as "(c) Dadra and Nagar Haveli 10[and Daman and Diu]; 11[(d) ****]" 13. Omitted vide Jammu and Kashmir Reorganisation (Adaptation of Central Laws) Order, 202....