<?xml version="1.0" encoding="UTF-8"?>
<?xml-stylesheet type="text/xsl" href="https://www.taxtmi.com/rss_sitemap/rss_feed_blog.xsl?v=1750492856"?>
<rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom">
  <channel>
    <title>CHANGES IN SCHEDULE IV AND SCHEDULE V OF REVISED GST DRAFT LAW</title>
    <link>https://www.taxtmi.com/article/detailed?id=7124</link>
    <description>Schedule IV now provides that certain government activities shall be treated neither as supply of goods nor supply of services, resolving reverse charge related uncertainty; removal of an explanatory note on periodic payments for assignment of natural resource rights does not change the exemption of one time charges. Schedule V reforms registration: it raises the general threshold, creates a lower threshold for specified special category states, mandates registration irrespective of turnover for electronic commerce operators, tax collectors at source, and nonresident providers of online information and database access services to Indian persons, and removes an automatic registration entry for aggregators.</description>
    <language>en-us</language>
    <pubDate>Thu, 15 Dec 2016 10:24:55 +0530</pubDate>
    <lastBuildDate>Thu, 15 Dec 2016 10:24:55 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=451551" rel="self" type="application/rss+xml"/>
    <item>
      <title>CHANGES IN SCHEDULE IV AND SCHEDULE V OF REVISED GST DRAFT LAW</title>
      <link>https://www.taxtmi.com/article/detailed?id=7124</link>
      <description>Schedule IV now provides that certain government activities shall be treated neither as supply of goods nor supply of services, resolving reverse charge related uncertainty; removal of an explanatory note on periodic payments for assignment of natural resource rights does not change the exemption of one time charges. Schedule V reforms registration: it raises the general threshold, creates a lower threshold for specified special category states, mandates registration irrespective of turnover for electronic commerce operators, tax collectors at source, and nonresident providers of online information and database access services to Indian persons, and removes an automatic registration entry for aggregators.</description>
      <category>Articles</category>
      <law>Goods and Services Tax - GST</law>
      <pubDate>Thu, 15 Dec 2016 10:24:55 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/article/detailed?id=7124</guid>
    </item>
  </channel>
</rss>