Supple u/s 7

Import of services from o/s india for consideration in the course or furtherance of business is supply under #7(1)(a) or #7(1)(b) ?
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Quick Summary
This discussion clarifies whether importing services from overseas for business purposes constitutes a supply under the CGST Act. It highlights that according to Section 7(1)(b) of the CGST Act 2017, the import of services for a consideration is considered a supply, regardless of whether it's in the course or furtherance of business. The crucial factor for determining this is the existence of consideration.

As per the section 7 (1)(b) of cgst act
As per the Provision of Section 7(1) clause (b) of the CGST Act 2017, "Import of Services for a consideration, whether or not in the course or furtherance of business" is treated as SUPPLY.

So the main parameter to consider Import of Services as SUPPLY U/s 7(1) clause (b) is the existence of "CONSIDERATION."

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