CHAPTER I

PRELIMINARY

business whether as principal, agent or in any other capacity, in a taxable territory

where he has no fixed place of business;

(22) "CGST" means the tax levied under the Central Goods and Services Tax Act,
2016;

(23) "chartered accountant" means a chartered accountant within the meaning of

the Chartered Accountants Act, 1949 (38 of 1949);

(24) "commissioner" means the Commissioner of Central Goods and Services Tax
/Commissioner of State Goods and Services Tax appointed under section 4 of the
Central/State Goods and Services Tax Act, 2016;

(25) "common portal" means the common GST electronic portal approved by the
Central Government and State Governments, on the recommendation of the Council, for
the specified purposes, as may be notified under this Act;

(26) "company secretary" means a company secretary within the meaning of the
Company Secretaries Act, 1980 (56 of 1980);
(27) "composite supply" means a supply consisting of -
(a) two or more goods;
(b) two or more services; or
(c) a combination of goods and services

provided in the course or furtherance of business, whether or not the same can be
segregated;

(28) "consideration" in relation to the supply of goods and/or services to any person,
includes

(a) any payment made or to be made, whether in money or otherwise, in respect of, in response
to, or for the inducement of, the supply of goods and/or services, whether by
the said person or by any other person;

(b) the monetary value of any act or forbearance, whether or not voluntary, in respect of, in
response to, or for the inducement of, the supply of goods and/or services,
whether by the said person or by any other person:

Provided that a deposit, whether refundable or not, given in respect of the supply of goods
and/or services shall not be considered as payment made for the supply unless
the supplier applies the deposit as consideration for the supply;

(29) "continuous journey" means a journey for which a single or more than one ticket or
invoice is issued at the same time, either by a single supplier of service or through an agent
acting on behalf of more than one supplier of service, and which involves no stop over between
any of the legs of the journey for which one or more
separate tickets or invoices are issued;
Explanation.- For the purposes of this clause, 'stopover' means a place where a passenger can
disembark either to transfer to another conveyance or break his journey for a certain period in
order to resume it at a later point of time.

(30) "continuous supply of goods" means a supply of goods which is provided, or agreed to
be provided, continuously or on recurrent basis, under a contract, whether or