Direct Selling Agent services to banks and NBFCs specified under GST notification; renting of immovable property newly defined. The notification inserts a new table entry specifying services supplied by individual Direct Selling Agents (other than bodies corporate, partnerships or LLPs) to a banking company or a non banking financial company located in the taxable territory, and adds an explanation defining 'renting of immovable property' to include allowing access, occupation or use with or without transfer of possession, including letting, leasing and licensing; the changes take effect from the date stated in the notification.
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.
Direct Selling Agent services to banks and NBFCs specified under GST notification; renting of immovable property newly defined.
The notification inserts a new table entry specifying services supplied by individual Direct Selling Agents (other than bodies corporate, partnerships or LLPs) to a banking company or a non banking financial company located in the taxable territory, and adds an explanation defining "renting of immovable property" to include allowing access, occupation or use with or without transfer of possession, including letting, leasing and licensing; the changes take effect from the date stated in the notification.
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