Section 2(85) of CGST Act: Meaning of “Place of Business”

Section 2(85) of CGST Act: Meaning of “Place of Business”

As per Section 2(85) of the Central Goods and Services Tax (CGST) Act, 2017, unless the context otherwise requires, the term “place of business” has been defined, as under:

Section 2(85) of CGST Act: Definition of “Place of Business” (CHAPTER I – PRELIMINARY)

“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.

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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

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