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Non taxable territory under service tax regime from 1314 on

Umesh V Naig (Statutory Analyst) (447 Points)

07 December 2017  

what is the definition with example for non taxable territory under service tax regime from 1314 on wards till GST regime and also

such liberty available in GST regime

 


 3 Replies

Amitav (Chartered Accountant) (5993 Points)
Replied 11 December 2017

A non-taxable territory means a territory which is outside the taxable territory and taxable territory means the territory to which provisions of Finance Act, 1994 apply.

Taxable territory has been defined in sub-section 52 of section 65B. It means the territory to which the provisions of Chapter V of the Finance Act, 1994 apply i.e. whole of India excluding the state of Jammu and Kashmir. "Non-taxable territory" is defined in sub-section 35  accordingly as the territory other than the taxable territory.

Amitav (Chartered Accountant) (5993 Points)
Replied 11 December 2017

There is no GST payable on Services received from a provider of service located in a non- taxable territory by a person located in a non-taxable territory.   

Umesh V Naig (Statutory Analyst) (447 Points)
Replied 24 April 2019

Same topic in difference statutory law viz Income Tax Act

what is agricultural income , any thing grown on land is agricultural income , at the same time when plants / flowers are grown in pots in large numbers can that income will be considered as non agricultural income.

clarity required


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