Chapter V of the IGST Act provides for determination of the ‘place of supply’ in respect of any supply of goods or supply of services. This expression has the utmost significance in determining the nature of tax payable on a supply. Simply put, a supply shall be intra-State (liable to CGST, SGST) where the location of the supplier and place of supply as determined under the said Chapter are in the same State (or Union Territory), and neither the supplier nor the recipient are SEZ units/ developers. In any other case, the supply would be treated as an inter-State supply, liable to IGST.
GST Place of Supply – Queries Asked by Clients to CA
Author Details So, determination of place of supply will help dealer to ascertain whether it is an intra-state or interstate sale Hence, it is very important to determine the place of supply so the taxes can be charged accordingly and transferred to ultimate destination/state/ UT. A. Place of Supply of Goods Here, we will bifurcate the determination of place of supply for Goods as domestic sale and in the case of export or import of goods. I. Place of supply of Goods in case of export and import: B. Place of Supply of Services Here, the place of supply will be outside India i.e. United Kingdom. Here, we will bifurcate the determination of place of supply for services where supplier/recipient is located in India and outside India. I. Place of supply of services where both supplier and recipient is in INDIA For determination of supply of services where both supplier and recipient is in INDIA has been divided into a General rule and various specific rule for specific transactions. The General rule is: Further, there are various specific rules for determination of place of supply of services which we can discuss for those specific cases in other sessions. II. Place of supply of services where either supplier or recipient is outside INDIA For determination of supply of services where either supplier or recipient is outside INDIA has been divided into a General rule and various specific rule for specific transactions. The General rule is – Place of supply of services shall be the location of service recipient AND where location of recipient is not available then place of supply will be the location of supplier. Further, there are various specific rules for determination of place of supply of services which we can discuss for those specific cases in other sessions. Here, the place of supply will be outside India i.e. United Kingdom. Here, the place of supply will be outside India i.e. United Kingdom. MJL & Co, Jaipur (Chartered Accountants)Email – MJLco.jaipur@gmail.com (ph – 0141-4915113) Recommended Articles
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