TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Acts & Rules
of of All Acts & Rules
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Rule 33: Excluding Pure Agent Costs from Service Value in GST if Conditions Are Met</h1> The Central Goods and Services Tax Rules, 2017, Rule 33, addresses the value of supply of services by a pure agent. It specifies that costs incurred by a supplier as a pure agent are excluded from the value of supply if certain conditions are met: the supplier acts on the recipient's authorization, payments are separately indicated in the invoice, and the procured supplies are additional to the supplier's own services. A pure agent is defined as someone who incurs costs on behalf of a recipient without holding title to the goods or services, using them personally, and only receiving reimbursement for the expenses incurred.
TaxTMI 
