Supply of services by individual Direct Selling Agents: newly specified as services to banks and NBFCs under Maharashtra SGST. The notification inserts a new Table entry specifying services supplied by individual Direct Selling Agents (not being bodies corporate, partnerships, or LLPs) to banking companies or non-banking financial companies located in the taxable territory as a distinct category of supply. It also adds clause (g) to the Explanation, defining 'renting of immovable property' to include permitting access, occupation or use, with or without transfer of possession or control, and to cover letting, leasing, licensing or similar arrangements. The amendment is effective from 27th July 2018.
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Supply of services by individual Direct Selling Agents: newly specified as services to banks and NBFCs under Maharashtra SGST.
The notification inserts a new Table entry specifying services supplied by individual Direct Selling Agents (not being bodies corporate, partnerships, or LLPs) to banking companies or non-banking financial companies located in the taxable territory as a distinct category of supply. It also adds clause (g) to the Explanation, defining "renting of immovable property" to include permitting access, occupation or use, with or without transfer of possession or control, and to cover letting, leasing, licensing or similar arrangements. The amendment is effective from 27th July 2018.
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