Amendment of Notification No. 19877-FIN-CT1-TAX-0022/2017 dated 29th June, 2017 bearing SRO No. 307/2017 regarding payment of State Tax to be paid on reverse charge basis by the recipient on supply of services by the members of Overseeing Committee to Reserve Bank of India.. - 29787–FIN-CT1-TAX-0043/2017-S.R.O. No. 477/2017 - Orissa SGST
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Reverse charge liability: recipient must pay state GST on services supplied by Overseeing Committee members to the central bank. The notification inserts an entry providing that supplies of services by members of the Overseeing Committee constituted by the Reserve Bank of India to the Reserve Bank of India are included in the table and, under the State GST framework, are subject to the reverse charge mechanism, with the recipient liable to pay the State tax.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Reverse charge liability: recipient must pay state GST on services supplied by Overseeing Committee members to the central bank.
The notification inserts an entry providing that supplies of services by members of the Overseeing Committee constituted by the Reserve Bank of India to the Reserve Bank of India are included in the table and, under the State GST framework, are subject to the reverse charge mechanism, with the recipient liable to pay the State tax.
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