WebMay 13, 2024 · 7.4 In such cases, it is stated to the jurisdictional Commissioner who may grant the extension of time limit for export as provided in CGST Rule 96A on post facto basis keeping in view the facts and circumstances of each case. The same principle should be followed in case of export of services. Course of Action WebFeb 1, 2024 · Section 12 along with Section 13 of IGST Act talks about the place of supply for several specific services. Section 13 (2) of the IGST Act, 2024 states the principles for identifying the place for supply of services except in case of certain specified services. When the location of the supplier or the location of the recipient is outside India ...
GST On Amusement Park Tickets And Other Recreational Activities
WebMay 11, 2024 · RCM is applicable on Inward supply , & you are providing Services (As event organiser) & getting payment for same . @ pankaj ji I think your view is correct and agree to it. So the company in India will be the supplier of service ( they are receiving consideration as sponsorship money). Also the place of supply is in India. WebSep 1, 2024 · With example, turn a $500 premium the calculation is as follows: $500 (policy premium ex GST) + $25 (commission ex GST) = $525 (net premium) + $52.50 (GST) = $577.50 (gross premium) + $57.75 (duty charge, which is 10% von $577.50) = $635.25 (total you pay) While duty on life insurance was abolished on 1 July 2014, you may still need … hair salons new hyde park ny
Insurance State Revenue Office - GST and general insurance
WebJul 16, 2024 · The invoice should be issued either on/ before the due date for payment or before/at the time when the supplier of services receives the payment or on/before the date of completion of the event when payment is linked to the completion of the event. Section 31(5). > In case of cessation of supply of services before the completion, the invoice ... Web(a) Where the service is provided to registered person place of supply shall be location of such person (b) Where the service is provided to a person other than registered person location of the service shall be (i) location of the recipient where the address on record exists (ii) location of the supplier of services in other cases Q 11. Webservice of renting of vehicles to State Transport Undertakings (STUs) and Local Authorities for exemption from GST under notification No. 12/2024-Central Tax (Rate) dated … bullet center of pressure