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    <title>Seeks to amend notification No. 13/2017- Union Territory Tax (Rate) so as to specify services supplied by individual Direct Selling Agents (DSAs) to banks/ non-banking financial company (NBFCs) to be taxed under Reverse Charge Mechanism (RCM)</title>
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    <description>Amendment designates services supplied by individual Direct Selling Agents (excluding bodies corporate, partnerships and LLPs) to a banking company or a non-banking financial company located in the taxable territory as subject to the Reverse Charge Mechanism, shifting GST incidence to the banking or NBFC recipient. It also inserts a definition of &quot;renting of immovable property&quot; to include access, occupation, use or similar arrangements, with or without transfer of possession or control.</description>
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      <description>Amendment designates services supplied by individual Direct Selling Agents (excluding bodies corporate, partnerships and LLPs) to a banking company or a non-banking financial company located in the taxable territory as subject to the Reverse Charge Mechanism, shifting GST incidence to the banking or NBFC recipient. It also inserts a definition of &quot;renting of immovable property&quot; to include access, occupation, use or similar arrangements, with or without transfer of possession or control.</description>
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