Applicability of GST on Reverse Charge Mechanism for Import of Service
Goods and Service Tax is Levy in accordance with the concept of supply. As per the CGST Act’ 2017- section 7(1) (b), supply includes “import of services” for a consideration whether or not in the course or furtherance of business. As per the IGST Act’2017- section 7 (4), if Supply of services imported into the territory of India will be counted to be a supply of services in the course… Read More »Applicability of GST on Reverse Charge Mechanism for Import of Service