GST Implications on Transfer of Monetary Proceeds from IVL India to IVL Sweden

In re IVL India Environmental R&.D Private Limited (GST AAAR Maharashtra)

AAAR, uphold the MAAR Order No. GST-ARA-50/2020-21/B-108  dated  01.12.2022 vide which it has been held that the transfer of monetary proceeds by the Applicant to IVL Sweden, will be liable for payment of Integrated Goods and Service Tax under reverse charge mechanism under Entry No.1 of Please become a Premium member. If you are already a Premium member, login here to access the full content.