GST section 7(1)
Bhargav Nirmal (107 Points)
19 March 2020
any individual importation of services, for a consideration so it is liable for GST & if yes, who is pay GST ?
Bhargav Nirmal (107 Points)
19 March 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
AS PER SECTION 7(1)(b) , yes firstly it is SUPPLY under GST
and there recipient of service (person in INDIA) is liable to pay GST under RCM (IGST has to be paid) as per Sec 9(3) .
Bhargav Nirmal
(107 Points)
Replied 19 March 2020
CA Naveen Chand
(Chartered Accountant)
(12729 Points)
Replied 19 March 2020
He has liability to pay tax under RCM
and there is NO threshold limit for registration for the person who is liable to pay tax under RCM .
Priya Sharma
(8 Points)
Replied 23 March 2020
Bhargav Nirmal
(107 Points)
Replied 23 March 2020
Priya Sharma
(8 Points)
Replied 23 March 2020
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