TMI BlogSeeks to amend notification No. 10/2017- Integrated Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM)X X X X Extracts X X X X X X X X Extracts X X X X ..... ment of Revenue) Notification No. 16/2018- Integrated Tax (Rate) New Delhi, the 26th July, 2018 G.S.R. 684 (E).- In exercise of the powers conferred by sub-section (3) of section 5 of the Integrated Goods and Services Tax Act, 2017 (13 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... dual Direct Selling Agents (DSAs) other than a body corporate, partnership or limited liability partnership firm. A banking company or a non-banking financial company, located in the taxable territory. ; (ii) in the Explanation, after clause (f), the following clause shall be inserted, namely: - (g) renting of immovable property means allowing, permitting or g ..... X X X X Extracts X X X X X X X X Extracts X X X X
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