Place of Supply

Concept of Supply: Sale and Services

Goods and Services Tax - Chapter overview: Section 7 (1) Meaning and Scope of supply Section 7 (1) (a): Both Business and Consideration > Any Supply of goods or services or both made or agreed to be made by a registered taxable person such as: > Barter, Exchange, Lease, Transfer, Disposal, Sale, Licence, Rental (BELT DSLR) > for a consideration, [&hellip...

Read More

Nature of Supply in case of Billing address is outside India & Ultimate Recipient is in India

Goods and Services Tax - Nature of Supply in case of Billing address is outside India and Ultimate Recipient is in India: 1. Export of Goods (Section 2(5) of IGST Act): Taking Goods out of India to a place outside India. In the above case Goods are not going out of India. Therefore, it can not be treated as export […]...

Read More

Determination of Place of Supply of Goods & Services under GST

Goods and Services Tax - Ever wondered why they ask billing and shipping address separately. How to identify whether the transaction is covered under IGST or CGST/SGST? Place of supply (POS) is the answer. This article covers major cases which will help you to determine Place of supply. Export of services- Supplier is located in India, recipient is located outsid...

Read More

GST on Sale of Goods outside India

Goods and Services Tax - Article explains GST Implication related to Sale of Goods outside India with a Practical Case Study.  Article has considered Advance Ruling of AAR Maharashtra in the case of INA Bearing India Private Limited, in which applicant has raised the question that Whether the sale of goods, which are located outside India, would be liable to [&h...

Read More

Expansion of scope of supply under GST by Finance Bill, 2021

Goods and Services Tax - It is submitted that Section 7(1)(aa) is sought to be inserted retrospectively with effect from the 1’st July, 2017, vide Clause 99 of Finance Bill, 2021, so as to ensure levy of tax on ‘activities or transactions involving the supply of goods or services by any person, other than an individual, to its members or […]...

Read More
Sorry No Post Found
Sorry No Post Found

Place of supply for B2B MRO services in case of Shipping industry amended

Notification No. 03/2021-Integrated Tax [G.S.R. 383(E)] - (02/06/2021) - Seeks to amend Notification No. 4/2019-Integrated Tax dt. 30.09.2019 to change the place of supply for B2B MRO services in case of Shipping industry, to the location of the recipient so as to give effect to the recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 0...

Read More

Recent Posts in "Place of Supply"

Concept of Supply: Sale and Services

Chapter overview: Section 7 (1) Meaning and Scope of supply Section 7 (1) (a): Both Business and Consideration > Any Supply of goods or services or both made or agreed to be made by a registered taxable person such as: > Barter, Exchange, Lease, Transfer, Disposal, Sale, Licence, Rental (BELT DSLR) > for a consideration, [&hellip...

Read More

Place of supply for B2B MRO services in case of Shipping industry amended

Notification No. 03/2021-Integrated Tax [G.S.R. 383(E)] 02/06/2021

Seeks to amend Notification No. 4/2019-Integrated Tax dt. 30.09.2019 to change the place of supply for B2B MRO services in case of Shipping industry, to the location of the recipient so as to give effect to the recommended by GST Council in its 43rd meeting held on 28.05.2021 vide Notification No. 03/2021-Integrated Tax Dated 2nd [&hellip...

Read More

Nature of Supply in case of Billing address is outside India & Ultimate Recipient is in India

Nature of Supply in case of Billing address is outside India and Ultimate Recipient is in India: 1. Export of Goods (Section 2(5) of IGST Act): Taking Goods out of India to a place outside India. In the above case Goods are not going out of India. Therefore, it can not be treated as export […]...

Read More

Determination of Place of Supply of Goods & Services under GST

Ever wondered why they ask billing and shipping address separately. How to identify whether the transaction is covered under IGST or CGST/SGST? Place of supply (POS) is the answer. This article covers major cases which will help you to determine Place of supply. Export of services- Supplier is located in India, recipient is located outsid...

Read More

GST on Sale of Goods outside India

Article explains GST Implication related to Sale of Goods outside India with a Practical Case Study.  Article has considered Advance Ruling of AAR Maharashtra in the case of INA Bearing India Private Limited, in which applicant has raised the question that Whether the sale of goods, which are located outside India, would be liable to [&h...

Read More

Expansion of scope of supply under GST by Finance Bill, 2021

It is submitted that Section 7(1)(aa) is sought to be inserted retrospectively with effect from the 1’st July, 2017, vide Clause 99 of Finance Bill, 2021, so as to ensure levy of tax on ‘activities or transactions involving the supply of goods or services by any person, other than an individual, to its members or […]...

Read More

Analysis of Union Budget 2021 – Supply under GST

Analysis of Union Budget 2021 – GST Finance Minister Nirmala Sitharaman has announced the Union Budget 2021 on 1st February 2021. Let’s discuss the amendments carried out in GST. There are totally 16 (99 to 114) sections in Finance Bill 2021 relating to GST. Out of 16 sections, let’s discuss 2 sections relating to “Supply [&hellip...

Read More

Place of Supply under GST in case Services provided to Foreign Resident in India

Place of Supply under GST in case Services provided to Foreign Resident in India There are 5 conditions to be met {Section 2 (6) of IGST Act 2017} for the Services to be considered as Export of Services (thereby becoming Zero Rated Supply). 1. Service Provider should be in India. 2. Service Recipient should be […]...

Read More

Place of Supply under GST (Summarized)

PLACE OF SUPPLY (SUMMARISED) Place of Supply is important to determine: – -Whether the supply is Interstate or Intrastate. -Resulting to which, Whether SGST/UTGST plus CGST is leviable or IGST is leviable. If inter state transaction is wrongly treated inter-state or vice-versa and tax paid accordingly, then it can be rectified. Howe...

Read More

How to determine place of supply of services under IGST Act, 2017

How to determine place of supply in various supply of services as per Section 12(1) to 12(14) under IGST Act, 2017 Today I’m going to discuss about ‘How to determine place of supply in various supply of services under GST’. Effective from 01.07.2017 many services are included under Tax Net in India. The Goods and […]...

Read More

Browse All Categories

CA, CS, CMA (5,614)
Company Law (7,521)
Custom Duty (8,569)
DGFT (4,572)
Excise Duty (4,505)
Fema / RBI (4,758)
Finance (5,077)
Income Tax (37,843)
SEBI (4,044)
Service Tax (3,739)

Search Posts by Date

July 2021
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031