Section 2(82) of CGST Act: Meaning of “Output Tax”
As per Section 2(82) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “output tax” has been defined, as under:
Section 2(82) of CGST Act: Definition of “Output Tax” (CHAPTER I – PRELIMINARY)
“output tax” in relation to a taxable person, means the tax chargeable under this Act on taxable supply of goods or services or both made by him or by his agent but excludes tax payable by him on reverse charge basis.
The Central Goods and Services Tax (CGST) Act, 2017 was notified by Govt. on 12 April, 2017 and CBIC has notified the commencement date for various Sections/ Provisions thereof from time to time. Subsequently, Govt. has notified the Central Goods and Services Tax (CGST) (Amendment) Act, 2018 on 30 Aug. 2018. However, commencement date of amended provisions of various Sections is to be separately notified by CBIC, except where specifically mentioned in the CGST Amendment Act, 2018 itself.