Services by individual Direct Selling Agents to banks and NBFCs added to state tax rate schedule, altering taxable entries. The notification inserts a new rate-schedule entry for services supplied by individual Direct Selling Agents (excluding bodies corporate, partnerships and LLPs) to banking companies and non-banking financial companies in the taxable territory, and adds an explanatory clause defining 'renting of immovable property' to include allowing access, occupation, use or similar facilities, with or without transfer of possession or control, expressly covering letting, leasing, licensing and similar arrangements. The amendment is made under sub-section (3) of section 9 of the Sikkim GST Act and amends Notification No.13/2017-State Tax (Rate).
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Provisions expressly mentioned in the judgment/order text.
Services by individual Direct Selling Agents to banks and NBFCs added to state tax rate schedule, altering taxable entries.
The notification inserts a new rate-schedule entry for services supplied by individual Direct Selling Agents (excluding bodies corporate, partnerships and LLPs) to banking companies and non-banking financial companies in the taxable territory, and adds an explanatory clause defining "renting of immovable property" to include allowing access, occupation, use or similar facilities, with or without transfer of possession or control, expressly covering letting, leasing, licensing and similar arrangements. The amendment is made under sub-section (3) of section 9 of the Sikkim GST Act and amends Notification No.13/2017-State Tax (Rate).
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