Sunday, 30 July 2017

Section 2(87) of CGST Act 2017 :"Prescribedmeans prescribed by rules made under this Act on the recommendations of the Council.

Section 2(88) of CGST Act 2017 :"Principal" means a person on whose behalf an agent carries on the business
of supply or receipt of goods or services or both.

Section 2(89) of CGST Act 2017 :"Principal Place of Business" means the place of business specified as the
principal place of business in the certificate of registration.

Section 2(90) of CGST Act 2017 :"Principal Supplymeans the supply of goods or services which constitutes the predominant element of a composite supply and to which any other supply forming part of that composite supply is ancillary.




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