Non taxable territory under service tax regime from 1314 on



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

 

 
Reply   
 
Chartered Accountant

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.

 
Reply   
 
Chartered Accountant

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.   

 
Reply   
 

LEAVE A REPLY

Your are not logged in . Please login to post replies

Click here to Login / Register  

 


×

  CCI MENU