Chapter VII (Sections 31-34) of the Central Goods and Services Tax (CGST) Act, 2017 deals with provisions related to Tax Invoice, Credit and Debit Notes. Section 33 of Central Goods and Services Tax Act, 2017 (12 of 2017) provides for Amount of tax to be indicated in tax invoice and other documents under CGST Act 2017.
Recently, we have discussed in detail section 32 (i.e. Prohibition of unauthorised collection of tax) of CGST Act 2017. Today, we learn the provisions of section 33 of the CGST Act 2017. Complete Details of CGST Section 33 – Amount of tax to be indicated in tax invoice and other documents. You may CLICK HERE to download list of all sections of CGST Act 2017 in PDF format.
Did you know? CGST Act 2017 have been enacted by Parliament in the Sixty-eighth Year of the Republic of India to make a provision for levy and collection of tax on intra-State supply of goods or services or both by the Central Government and for matters connected therewith or incidental thereto.
Notes on Section 33 of CGST Act 2017
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.