Transfer pricing comparables and operating income principles applied to software development services, with exclusions, inclusions, and tax credit ver...
Transfer pricing on performance guarantees and overdue receivables deleted where warranty obligations were embedded and working capital adjustment alr...
The determination is that where the value of materials and cost of execution work for installation of lines are borne by the recipient of service, and the applicant charges only supervision fees, the value of materials and cost of installation shall not be included in the value of supply for determination of taxable value under GST. The applicant is not a supplier of goods and services as per provisions, as the work is undertaken by the customer itself. There is no relationship between the customer and applicant that can be categorized as supplier and recipient, except for the services of supervising the work. The applicant shall be liable to pay GST only on the supervision charges.
The determination is that where the value of materials and cost of execution work for installation of lines are borne by the recipient of service, and the applicant charges only supervision fees, the value of materials and cost of installation shall not be included in the value of supply for determination of taxable value under GST. The applicant is not a supplier of goods and services as per provisions, as the work is undertaken by the customer itself. There is no relationship between the customer and applicant that can be categorized as supplier and recipient, except for the services of supervising the work. The applicant shall be liable to pay GST only on the supervision charges.
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