(1) Where the Government is satisfied that it is necessary in
the public interest so to do, it may, on the recommendations of
the Council, by notification, exempt generally, either
absolutely or subject to such conditions as may be specified
therein, goods or services or both of any specified description
from the whole or any part of the tax leviable thereon with
effect from such date as may be specified in such notification.
(2) Where the Government is satisfied that it is necessary in
the public interest so to do, it may, on the recommendations of
the Council, by special order in each case, under circumstances
of an exceptional nature to be stated in such order, exempt from
payment of tax any goods or services or both on which tax is
leviable.
(3) The Government may, if it considers necessary or expedient
so to do for the purpose of clarifying the scope or
applicability of any notification issued under sub-section (1)
or order issued under sub-section (2), insert an explanation in
such notification or order, as the case may be, by notification
at any time within one year of issue of the notification under
sub-section (1) or order under sub-section (2), and every such
explanation shall have effect as if it had always been the part
of the first such notification or order, as the case may be.
Explanation.- For the purposes of this section, where an
exemption in respect of any goods or services or both from the
whole or part of the tax leviable thereon has been granted
absolutely, the registered person supplying such goods or
services or both shall not collect the tax, in excess of the
effective rate, on such supply of goods or services or both.
Chapter I Preliminary
Section 1 : Short Title, Extent and Commencement
Chapter II Administration
Section 3 : Officers under this Act
Section 4 : Appointment of Officers
Section 5 : Powers of Officers
Chapter III Levy and Collection of Tax
Section 8 : Tax liability on composite and mixed supplies
Section 9 : Levy and Collection
Section 11 : Power to Grant Exemption from Tax
Chapter IV Time and Value of Supply
Section 12 : Time of supply of Goods
Section 13 : Time of supply of services
Section 14 : Change in tax in respect of supply of goods or services
Section 15 : Value of Taxable Supply
Chapter V Input Tax Credit
Section 16 : Eligibility and Conditions for taking input tax credit
Section 17 : Apportionment of credit and blocked credit
Section 18 : Availability of credit in special circumstances
Section 19 : Taking input tax credit in respect of inputs and capital goods sent for job work
Section 20 : Manner of distribution of credit by input service distributor
Section 21 : Manner of recovery of credit distributed in excess
Chapter VI Registration
Section 22 : Person liable for registration
Section 23 : Person not liable for registration
Section 24 : Compulsory Registration in certain cases
Section 25 : Procedure for Registration
Section 26 : Deemed Registration
Section 27 : Special provisions relating to casual taxable person and non-resident taxable person
Section 28 : Amendment of Registration
Section 29 : Cancellation of Registration
Section 30 : Revocation of Cancellation of Registration
Chapter VII Tax Invoice, Credit and Debit Notes
Section 32 : Prohibition of unauthorized collection of tax
Section 33 : Amount of tax to be indicated in invoice and other documents
Section 34: Credit and Debit Notes
Chapter VIII Accounts and Records
Section 35 : Accounts and Other Records
Section 36 : Period of Retention of Accounts
Chapter IX Returns
Section 37 : Furnishing Details of outwards supplies
Section 38 : Furnishing details of inwards supplies
Section 39 : Furnishing Returns
Section 41 : Claim of input tax credit and provisional acceptance thereof
Section 42 : Matching, reversal and reclaim of input tax credit
Section 43 : Matching, reversal and reclaim of reduction in output tax liability
Section 46 : Notice to return defaulters
Section 48 : Goods and Services Tax Practitioners
Chapter X Payment of Tax
Section 49 : Payment of Tax, Interest, Penalty and other Amounts
Section 50 : Interest on delayed payment of tax
Section 51 : Tax Deduction at Source
Section 52 : Collection of Tax at Source
Section 53 : Transfer of Input Tax Credit
3%, 5%, 18% GST items 26.7.2018
18% GST notification 10.11.2017
0%, 5%, 12% reduced on 10.11.17
IGST Rates reduced on 10.11.2017
3% & 0.25% GST Goods (Original)
18% GST Materials (Original List)
Compensation Cess Rates (Original)