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Self-supplies taxable under GST

  • Inter-state self-supplies such as stock transfers, branch transfers or consignment sales shall be taxable under IGST even though such transactions may not involve payment of consideration.
  • Every supplier is liable to register under the GST law in the State or Union territory from where he makes a taxable supply of goods or services or both in terms of Section 22 of the CGST Act.
  • However, intra-state self-supplies are not taxable subject to not opting for registration as business vertical.

 

Refer meaning of Business vertical in other post.

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