arbitraltribunal
Vinay Gupta (271 Points)
07 February 2018
is gst levy on service provided by arbitral tribunal
Vinay Gupta (271 Points)
07 February 2018
CA Shilpi Jain
(Indirect taxation)
(155 Points)
Replied 07 February 2018
Only following services exempt:
Services provided by-
(a) an arbitral tribunal to –
(i) any person other than a business entity; or
(ii) a business entity with an aggregate turnover up to twenty lakh rupees (ten lakh rupees in the case of special category states) in the preceding financial year;
(iii) the Central Government, State Government, Union territory, local authority, Governmental Authority or Government Entity;
If provided to a business entity other than above, then liable under reverse charge mechanism.
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