ABC asso.( India) took consultancy services from his head office (usa) .head office rendered services at free of cost to his ABC asso.
Is it supply ? yes or no ? reason.
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GST(supply)
Replies (12)
yes this is supply
import of services by a taxable person from a related person or from any if his other establishments outsideindia ,in the course or furtherance of business.
some activities treated as supply even if it is made without consideration
but Sec 7(1)(b) says import of services are exempt
plzz. get me clarify
7. (1) For the purposes of this Act, the expression “supply” includes––
(b) import of services for a consideration whether or not in the course or
furtherance of business;
(where it says that it is exempt?)
(b) import of services for a consideration whether or not in the course or
furtherance of business;
(where it says that it is exempt?)
or
furtherance of business;
furtherance of business;
Clarified
no it is not exempt
supply includes
what are the exception of supply
As per Schedule I & Sec 7(1)(c)(4)
Import of services by a taxable person from a related person or from any of his other establishments outside India In the course of or furtheranace of business is treated as supply even though No consideration is there
Import of services by a taxable person from a related person or from any of his other establishments outside India In the course of or furtheranace of business is treated as supply even though No consideration is there
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