Currently, taxes are imposed on taxable services such as manufacture, provision of services, sale of goods etc. Under the GST regime, all of this will be replaced by the concept of supply. In other words, the understanding place of...
We have previously discussed situations where the place of supply is determined based on no movement of goods. In this article, we aim to discuss the place of supply with movement of goods taking place. Scenario 1 Tech Cart...
In this article, we aim to identify the place of supply without movement of goods. Place of supply is the location of the goods at the time of delivery to the recipient To understand a situation where there is...
Two states and entities are involved in case of a bill to ship transactions model, a very common model observed these days. This means that the billing and the shipping are done separately. Therefore, to eliminate the cascading effect...
Under the current indirect tax regime, any taxable service being provided or rendered is subject to payment of service tax. Service tax is levied centrally and thus is charged irrespective of whether the service has been provided on an...
An immovable property refers to a property that is attached to the earth and cannot be moved or uprooted from where it has been constructed for placing in another location, such as land and buildings. Under the current indirect...
In this article, we aim to highlight how to ascertain the place of supply of specific services. We have provided a brief overview of the kind of specific services and provided an example to supplement the same as follows...
Metrics are involved to determine the value of goods and services being sold in an economy – and these metrics differ from economy to economy depending on the financial and economical ecosystem. Under the current indirect tax regime in...