Section 2(107) of CGST Act: Meaning of “Taxable Person”

Section 2(107) of CGST Act: Meaning of “Taxable Person”

As per Section 2(107) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “taxable person” has been defined, as under:

Section 2(107) of CGST Act: Definition of “Taxable Person” (CHAPTER I – PRELIMINARY)

“taxable person” means a person who is registered or liable to be registered under section 22 or section 24.

—–

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.

Related Posts:

Central Goods and Services Tax (CGST) Act, 2017 (Chapter-wise/ Section-wise)

Section 2 of CGST Act, 2017: Definitions

Leave a Reply