CENTRAL GOODS AND SERVICES TAX (AMENDMENT) ACT, 2018
Section 8 - Amendment of section 16
Amendment to Section 16: Clarifications on Receipt of Goods and Services
The amendment to Section 16 of the principal Act involves changes to sub-section (2). Firstly, in clause (b), the explanation has been updated. The new explanation clarifies that a registered person is considered to have received goods or services in specific scenarios. For goods, this occurs when the supplier delivers them to a recipient or another person as directed by the registered person, either before or during the movement of goods, through the transfer of documents or otherwise. For services, it is when the supplier provides services to any person on the registered person's direction and account.
Additionally, in clause (c), there is a change in reference from "section 41" to "section 41 or section 43A." This expansion indicates that the provisions now apply to both sections, potentially broadening the scope of compliance or conditions under which these rules are applicable.
Note: It is an AI generated summary for reference purpose only.
Amendment of section 16.
8. In section 16 of the principal Act, in sub-section (2),––
(a) in clause (b), for the Explanation, the following Explanation shall be substituted, namely:—
“Explanation.—For the purposes of this clause, it shall be deemed that the registered person has received the goods or, as the case may be, services––
(i) where the goods are delivered by the supplier to a recipient or any other person on the direction of such registered person, whether acting as an agent or otherwise, before or during movement of goods, either by way of transfer of documents of title to goods or otherwise;
(ii) where the services are provided by the supplier to any person on the direction of and on account of such registered person.”;
(b) in clause (c), for the word and figures “section 41”, the words, figures and letter “section 41 or section 43A” shall be substituted
