Section 33 of CGST Act 2017: Tax Amount to be indicated in Tax Invoice/ Other Docs

Section 33 of CGST Act 2017: Tax Amount to be indicated in Tax Invoice/ Other Docs

Provisions under Section 33 of the Central Goods and Services Tax (CGST) Act, 2017 relating to “Amount of Tax to be indicated in Tax Invoice and Other Documents”, are as under:

Section 33 of CGST Act 2017: Tax Amount to be indicated in Tax Invoice and Other Documents (CHAPTER VII – TAX INVOICE, CREDIT AND DEBIT NOTES)

Notwithstanding anything contained in this Act or any other law for the time being in force, where any supply is made for a consideration, every person who is liable to pay tax for such supply shall prominently indicate in all documents relating to assessment, tax invoice and other like documents, the amount of tax which shall form part of the price at which such supply is made.

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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)

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