How would you find out whether supply of services in relation to an immovable property is situated in India?

What is the place of supply of service in relation to an immovable property?

Place of supply of services provided in relation to an immovable property is the location of the immovable property which means GST will be CGST and SGST. CGST and SGST credit of one state cannot be used to set-off the liability of another state.

How do you determine the place of supply for a service?

General Rule: The Place of supply for services treated as international transactions shall be:

  1. The location of the service recipient.
  2. In the case where the location of the service recipient is not available, the place of supply shall be the location of the supplier.
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How can you determine the place of supply when the supply involves movement of goods?

Place of Supply When There is Movement of Goods

Location of the goods when the movement of goods terminates for delivery to the recipient. It is assumed that the third person has received the goods and therefore, the place of supply of the goods will be the principal place of business of the third party.

How do you determine the place of supply in case of a bill to ship to transactions?

As per the provisions of Section 10, sub-section 1, clause (b) of the IGST Act, the place of supply will be the principal place of business of the principal supplier and not the recipient’s place.

How do you find the place of supply in a case in GTA?

(b) a person other than a registered person, shall be the location at which such goods are handed over for their transportation. The place of supply is “Andhra Pradesh” being the location of registered recipient. Accordingly, IGST shall be paid by the registered recipient on such transaction.

How do you calculate supply of goods and services in GST?

Where the supplies between principal and his agent, the value of supply shall be: Open market value or at the option of the supplier, 90% of sale price charged by the recipient to his customers, other than related person, for the supply of like kind and quality goods.

How can you distinguish whether a particular supply involves supply of goods or supply of services?

As per GST Law, there are mainly six elements that determine supply of goods. They are supply of goods and / or services, supply is for a consideration, supply is made in the course or furtherance of business, supply is made in the taxable territory, supply is a taxable supply and Supply is made by a taxable person.

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How is the place of supply determined where location of supplier and recipient is in India?

General rule: If recipient is registered then POS is the location of such recipient. If recipient is unregistered then POS is the address of such unregistered recipient in case if address is unavailable then location of the supplier is the POS.

Why is the determination of place of supply necessary?

Determining the Place of Supply of Goods or Services is very important as it would determine the nature of tax to be paid. In case the location of the supplier and the place of supply are within the same state – CGST & SGST would be levied whereas if the place of supply is in a different state – IGST would be levied.

How would you determine the place of supply of goods imported into or exported from India?

The location of the importer is the place of supply in case of export of services of any imported-exported goods. For instance, if the importer is situated in Kerala state then in such scenario the place of supply is Kerala.

What is the place of supply of accommodation services?

What is the place of supply of accommodation services? Give an example. Ans. As per Section 12 (3) (b) of the IGST Act,2017, the location of the hotel, inn, guesthouse, homestay, club or campsite or a houseboat or vessel, shall be the place of supply of service in relation to such accommodation service.

How do you determine the nature of intrastate and interstate supply of goods and services?

GST on Interstate vs. Intrastate Supply

  1. Interstate supply under GST attracts an Integrated Goods and Services Tax i.e IGST.
  2. Both the CBT and the State Goods and Services Tax (SGST) apply on an intra-state supply.
  3. For intrastate supply, the GST rate will remain the same for the goods or services.
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What is supply of services under GST?

What is supply under GST? Supply includes sale, transfer, exchange, barter, license, rental, lease and disposal. If a person undertakes either of these transactions during the course or furtherance of business for consideration, it will be covered under the meaning of Supply under GST.

Where location of the supplier and place of supply are in a state and a Union territory?

Two different States, ◆ Two different Union territories, ◆ one State and one Union territory, then the supply is an inter-state supply. Where the location of supplier and the place of supply are in the same State or in the same Union territory, the supply is an intra-state supply as per Section 8.