Tuesday, March 04, 2025 | 09:18 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

GST concession but only halfway

The latest exemption for services supplied by an establishment of a person in India to any other of that person outside India is an improvement over the earlier position when tax was payable

Image
Premium

TNC Rajagopalan
Last week, the Union finance ministry issued several notifications, giving effect to decisions of the Goods and Services Tax (GST) Council at the latter’s 28th meeting. One of these, [15/2008-Integrated Tax (Rate)] dated July 26, deals with exemption to services supplied by an establishment of a person in India to any establishment of that person outside India.

The import of this exemption deserves some deliberation. Under the GST laws, where a person has an establishment in India and any others outside, these are to be treated as establishments of distinct persons. Supply of services between these when in the course
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in