GOODS AND SERVICES TAX (COMPENSATION TO STATES) ACT, 2017
Section 2: Definitions.
(1) In this Act, unless the
context otherwise requires,—
(a) “central tax” means the central goods and services tax levied and collected
under the Central Goods and Services Tax Act;
(b) “Central Goods and Services Tax Act” means the Central Goods and Services
Tax Act, 2017;
(c) “cess” means the goods and services tax compensation cess levied under
section 8;
(d) “compensation” means an amount, in the form of goods and services tax
compensation, as determined under section 7;
(e) “Council” means the Goods and Services Tax Council constituted under the
provisions of article 279A of the Constitution;
(f) “Fund” means the Goods and Services Tax Compensation Fund referred to in
section 10;
(g) “input tax” in relation to a taxable person, means,––
(i) cess charged on any supply of goods or services or both made to him;
(ii) cess charged on import of goods and includes the cess payable on reverse
charge basis;
(h) “Integrated Goods and Services Tax Act” means the Integrated Goods and
Services Tax Act, 2017;
(i) “integrated tax” means the integrated goods and services tax levied and
collected under the Integrated Goods and Services Tax Act;
(j) “prescribed” means prescribed by rules made, on the recommendations of the
Council, under this Act;
(k) “projected growth rate” means the rate of growth projected for the
transition period as per section 3;
(l) “Schedule” means the Schedule appended to this Act;
(m) “State” means,––
(i) for the purposes of sections 3,
4, 5,
6 and 7 the States as defined under
the Central Goods and Services Tax Act; and
(ii) for the purposes of sections 8,
9, 10,
11, 12,
13 and 14 the States as
defined under the Central Goods and Services Tax Act and the Union territories
as defined under the Union Territories Goods and Services Tax Act;
(n) “State tax” means the State goods and services tax levied and collected
under the respective State Goods and Services Tax Act;
(o) “State Goods and Services Tax Act” means the law to be made by the State
Legislature for levy and collection of tax by the concerned State on supply of
goods or services or both;
(p) “taxable supply’’ means a supply of goods or services or both which is
chargeable to the cess under this Act;
(q) “transition date” shall mean, in respect of any State, the date on which the
State Goods and Services Tax Act of the concerned State comes into force;
(r) “transition period” means a period of five years from the transition date;
and
(s) “Union Territories Goods and Services Tax Act” means the Union Territories
Goods and Services Tax Act, 2017.
(2) The words and expressions used and not defined in this Act but defined in
the Central Goods and Services Tax Act and the Integrated Goods and Services Tax
Act shall have the meanings respectively assigned to them in those Acts.