TMI BlogOutbound shipment transactionsX X X X Extracts X X X X X X X X Extracts X X X X ..... Whether the outbound shipments where both parties; the customer and logistics company reside in India, will fall under IGST (Integrated Goods and Service Tax) with place of supply as 97- Other territory with a value of 18%. Is there any change from 01st Feb 2019? - Reply By KASTURI SETHI - The Reply = See Section 12 (8)(b) . Proviso has been inserted (effective from 1.2.19) vide Section ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5 of the IGST (Amendment) Act, 2018 (32 of 2018) . Also compare with Section 13(9) of IGST ACT, 2017 for clarification. - Reply By CSSANJAY MALHOTRA - The Reply = Rationale behind the Amendment, which is self explanatory. Insertion of proviso to place of supply in case of transportation services - Section 12(8) of IGST Act, 2017 It has been prop ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... osed that place of supply of transportation services in relation to goods being exported outside India, shall be the destination of such goods. Accordingly, such transportation services would not be chargeable to GST. This amendment has been proposed to provide a level playing field for the domestic transportation companies and promote the export of goods. - Reply ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... By Nisha Prabhu - The Reply = Whether ITC be availed against the cost incurred if the sales are not taxable? - Reply By KASTURI SETHI - The Reply = No. It is hit by proviso to Section 16 (2) of CGST Act, 2017 . See proviso below (d) to sub-section 2 of Section 16. - Reply By SANJAY JAIN - The Reply = As per section 12(8) of the IGST Act , the place of supply is outside India but sti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ll it is a inter State supply as per section 7(5)(a) of the IGST Act as below: (5) Supply of goods or services or both, (a) when the supplier is located in India and the place of supply is outside India; (b) to or by a Special Economic Zone developer or a Special Economic Zone unit; or (c) in the taxable territory, not being an intra-State supply and not covered elsewhere in ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... this section, shall be treated to be a supply of goods or services or both in the course of inter-State trade or commerce. - Reply By KASTURI SETHI - The Reply = It is inter-State supply. There is no doubt about it.. I agree with Sh.Sanjay Jain. - Outbound shipment transactions - Query Started By: - Nisha Prabhu Dated:- 22-3-2019 Goods and Services Tax - GST - Got 6 Replies - GST - Disc ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ussion 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
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