Services by Individual Direct Selling Agents to banks and NBFCs specified in GST rate notification; renting of immovable property defined. The Jammu & Kashmir GST rate notification is amended to insert an entry covering services supplied by individual Direct Selling Agents (excluding bodies corporate, partnerships, or LLPs) to banking companies or non-banking financial companies located in the taxable territory, and to add an Explanation defining 'renting of immovable property' to include allowing access, occupation, use or similar arrangements, with or without transfer of possession or control. The amendment is deemed effective from 27 July 2018.
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Provisions expressly mentioned in the judgment/order text.
Services by Individual Direct Selling Agents to banks and NBFCs specified in GST rate notification; renting of immovable property defined.
The Jammu & Kashmir GST rate notification is amended to insert an entry covering services supplied by individual Direct Selling Agents (excluding bodies corporate, partnerships, or LLPs) to banking companies or non-banking financial companies located in the taxable territory, and to add an Explanation defining "renting of immovable property" to include allowing access, occupation, use or similar arrangements, with or without transfer of possession or control. The amendment is deemed effective from 27 July 2018.
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