GST leviable on reimbursed amount, being advance payment by recipient towards cost incurred for provision of software services
Last updated: 18 May 2021
Court :
AAAR, Tamil Nadu
Brief :
The AAAR, Tamil Nadu in the matter of M/S. ICU Medical India LLP [Order-in-Appeal No. AAAR/10/2021(AR), dated March 10, 2021] modified the ruling of AAR, Tamilnadu, to the extent that Goods and Services Tax ('GST') is leviable on the reimbursement by the subsidiary company to its ultimate holding company located outside India, being advance payment made by the holding company towards the cost incurred for the provision of software services supplied by the subsidiary company, as per the time of supply provided under Section 13 of the Central Goods and Services Tax Act, 2017 ('CGST Act') and applicable rate shall be same as applicable to the supply of software services made by them.
Citation :
Order-in-Appeal No. AAAR/10/2021(AR), dated March 10, 2021
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Bimal Jain
Published in GST
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