Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM)

Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM) https://www.taxtmi.com/notifications?id=123937 The amendment applies the Reverse Charge Mechanism to renting of immovable property supplied by Central/State/UT/local authorities to any person registered under the Central Goods and Services Tax Act, 2017, making the registered recipient liable to pay tax; it also adds that "insurance agent" shall carry the meaning given in clause (10) of section 2 of the Insurance Act, 1938. en-us Thu, 25 Jan 2018 00:00:00 +0530 Mon, 29 Jan 2018 10:34:00 +0530 TaxTMI RSS Generator Seeks to amend notification No. 13/2017- Central Tax (Rate) so as to specify services supplied by the Central Government, State Government, Union territory or local authority by way of renting of immovable property to a registered person under CGST Act, 2017 to be taxed under Reverse Charge Mechanism (RCM) https://www.taxtmi.com/notifications?id=123937 The amendment applies the Reverse Charge Mechanism to renting of immovable property supplied by Central/State/UT/local authorities to any person registered under the Central Goods and Services Tax Act, 2017, making the registered recipient liable to pay tax; it also adds that "insurance agent" shall carry the meaning given in clause (10) of section 2 of the Insurance Act, 1938. Notifications GST Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/notifications?id=123937