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GOODS AND SERVICE TAX (GST) IMPACT ON Electronic services

GOODS AND SERVICE TAX (GST) IMPACT ON Electronic services. Definitions.

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GOODS AND SERVICE TAX (GST) IMPACT ON Electronic services

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  1. GOODS AND SERVICE TAX (GST) IMPACT ON Electronic services V.Raghuraman

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  4. Definitions • (16) “non-taxable online recipient” means any Government, local authority, governmental authority, an individual or any other person not registered and receiving online information and database access or retrieval services in relation to any purpose other than commerce, industry or any other business or profession, located in taxable territory. • Explanation.––For the purposes of this clause, the expression “governmentalauthority” means an authority or a board or any other body,–– • (i) set up by an Act of Parliament or a State Legislature; or (ii) established by any Government, • with ninety per cent. or more participation by way of equity or control, to carry out any function entrusted to a municipality under article 243W of the Constitution V.Raghuraman

  5. GST Rates V.Raghuraman

  6. Supply through E-Commerce Operator Services Goods Notified under Section 9(5) Where Consideration is collected by E-COM operator Y Tax payable by E-Com operator Y N NO TCS TCS V.Raghuraman

  7. OIDARS [location of supplier] Non taxable territory Taxable territory Recipient TO pay GST in normal way Non taxable person Person liable to pay Taxable person Supplier Agent of Supplier Import of services for taxable person Intermediary Person appointed for the purpose of payment V.Raghuraman 7

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  10. Composite & Mixed supply V.Raghuraman

  11. Maintenance services • 9987 Maintenance, repair and installation services except construction will attract 18% tax. • Concept of composite and mixed supply in maintenance services. V.Raghuraman

  12. Thank You V. RAGHURAMAN, Advocate B.Com, FCA, LLB, ACS, Grad.CWA • Email id : vraghuraman@vraghuraman.in V.Raghuraman

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