Under the GST law, taxes on taxable services supplied by the Central Government or the State Government to a business entity in India are payable by…
CA Intermediate · Taxation · MTP · September 2024
Under the GST law, taxes on taxable services supplied by the Central Government or the State Government to a business entity in India are payable by recipient of services". State the exceptions of the above statement.
Suggested Answer and Working Notes:
Tax on following services supplied by the Central Government or State Government to a business entity in India is payable by the supplier of services: (1) services of renting of immovable property provided to an unregistered business entity. (2) services by the Department of Posts and the Ministry of Railways (Indian Railways) (3) services in relation to an aircraft or a vessel, inside or outside the precincts of a port or an airport. (4) services of transport of goods or passengers.
Topics: Paper 3A: Income Tax Laws, Paper 3B: Goods and Services Tax
Related Questions in this Topic
- Who is liable to collect TCS (collection of tax at source) under section 52 of the CGST Act, 2017? Briefly explain the p...
- Answer the following questions, assuming that suppliers are registered under GST: (a) Bhagwati Roadlines is a registere...
- Determine the place of supply in each of the following independent circumstances: (i) Ms. Kavya, Delhi is a passenger t...
- Nakshatra Comforts Ltd. is engaged in providing various services in Delhi. It obtained registration under regular scheme...
- Stellar Orbit Appliances Pvt. Ltd., a registered person in Pune, Maharashtra, is engaged in supplying a bouquet of goods...