Goods and Services Tax : The article explains that architectural, accommodation, and related immovable property services are governed by Section 12(3) of t...
Goods and Services Tax : The omission of Section 13(8)(b) of the IGST Act allows intermediary services provided to overseas clients to qualify as exports. ...
Goods and Services Tax : GST liability depends on correct determination of place of supply. The rules define whether a transaction is intra-State or inter-...
Goods and Services Tax : The primary significance of the Place of Supply lies in determining whether a transaction is an inter-state supply (attracting IGS...
Goods and Services Tax : Understand Place of Supply under GST. Learn the rules for inter-state (IGST) and intra-state (CGST/SGST) for goods and services, i...
Goods and Services Tax : Petitioner seeks an order and direction against to it to rectify inadvertent mistake in mentioning incorrect place of supply in Fo...
Goods and Services Tax : CBIC clarifies place of supply for online services provided to unregistered recipients under IGST Act, including mandatory state n...
Goods and Services Tax : Government clarifies GST implications on advertising services provided by Indian agencies to foreign clients. Understand place of ...
Goods and Services Tax : CGST Circular clarifies place of supply for custodial services provided by banks to Foreign Portfolio Investors, ensuring uniform ...
Goods and Services Tax : Detailed clarification on Section 10(1)(ca) of the IGST Act, 2017 regarding the place of supply for goods to unregistered persons,...
Goods and Services Tax : Explore the Odisha Finance Department's Memo on Co-Location Service Agreement, clarifying Place of Supply under GST. Understand im...
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 […]
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 outside […]
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 […]
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 […]
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 […]
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 […]
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. However, procedural requirements increase […]
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 […]
