TMI BlogReverse charge under GST on servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... Is services by way of transportation of goods by a vessel from a place outside India up to the customs station of clearance in India. In this service Reverse gst is applicable? pls explain - Reply By KASTURI SETHI - The Reply = Pl.peruse the Table given below:- GST Council decision dated 18-6-2017 with respect to GST rates for services and rate of tax for lotteries run/athourised by State ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Government - Reply By Rajagopalan Ranganathan - The Reply = Sir, The reply is 'yes' vide sl. No. 1 of Notification No. 10/2017- Integrated Tax (Rate) dated 28.6.2017 which lays down that Any service supplied by any person who is located in a non-taxable territory to any person other than non-taxable online recipient, the integrated tax leviable shall be paid on reverse char ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ge basis by the recipient of the such services . - Reply By CS SANJAY MALHOTRA - The Reply = I am in agreement with the views of Sh. Rajgopalan. RCM is applicable and ITC is available provided finished product is taxable. if Freight is known then GST Rate is 5% of same or else if Freight is not known then Taxable Value is taken as 10% of CIF Value of Goods. - Reply By subramanian vijayakumar ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = Yes I agree with the views of rajagobalan sir - Reverse charge under GST on services - Query Started By: - Nihal Shaikh Dated:- 10-11-2017 Goods and Services Tax - GST - Got 4 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
