9911796707
TMI Blog2019 (4) TMI 151X X X X Extracts X X X X X X X X Extracts X X X X ..... be paid by the clients as fixed monthly consultancy fees specified in the Consultancy Service Contract. The applicant is rendering management consultancy services over telephone and by electronic means like email etc. The scope of management consultancy services includes the skill and expertise of the applicant in significant turnaround of the client in their various divisions in Electronics, FMCG, Trading, and Satellite and Automotive businesses across the group and other newly added Verticals. The consultancy service also includes the techniques of growth in sales, improvement of gross margin, controlling of operational expenses, reduction in stock ageing, training and monitoring of the team etc. The clients send their data / confidential ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ny other person, by whatever name called who arranges or facilitates the supply of goods or services or both or securities between two or more persons but does not include a person who supplies Such goods or service or both or securities on his own account." As per the Annexure to Notification No. 11/2017-Central Tax (Rate) dated 28- 06-2017 on Scheme of Classification of Services; "Management Consultancy Service" is separately classified under Service Code No.99831, Group 998311 reads as follows; "Management consulting and management services including financial, strategic, human resources, marketing, operations and supply chain management. As per the Consultancy Contracts entered by the applicant with his clients the services being supp ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... y way, facilitate or arrange the supply of goods or services or both between two or more persons and will not fall within the definition of the term "intermediary" as per Section 2(13) of IGST Act, 2017. b) Whether the management consultancy services provided by the applicant falls within the meaning of 'Intermediary Services' as per Section 13(8) (b) of the Integrated Goods and Services Tax Act, 2017? Section 13 of the IGST Act, 2017 lays down the principles for determining the place of supply of services where the location of supplier or location of recipient is outside India. The question essentially involves the determination of the "Place of Supply" of the services supplied by the applicant which is beyond the jurisdiction of the Ad ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
