<?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>Assignment of Natural Resource Rights is a Service Supply; Licensee Must Pay GST via Reverse Charge Mechanism.</title>
    <link>https://www.taxtmi.com/highlights?id=50458</link>
    <description>Levy of GST - reverse charge mechanism - royalty paid/dead rent on account of mining rights - The activity of assignment of rights to use natural resources is treated as supply of services and the licensee is required to pay tax on the amount of consideration paid in the form of royalty or any other form under reverse charge mechanism.</description>
    <language>en-us</language>
    <pubDate>Fri, 29 Nov 2019 13:20:04 +0530</pubDate>
    <lastBuildDate>Fri, 29 Nov 2019 13:20:04 +0530</lastBuildDate>
    <generator>TaxTMI RSS Generator</generator>
    <atom:link href="https://www.taxtmi.com/rss_feed_blog?id=595754" rel="self" type="application/rss+xml"/>
    <item>
      <title>Assignment of Natural Resource Rights is a Service Supply; Licensee Must Pay GST via Reverse Charge Mechanism.</title>
      <link>https://www.taxtmi.com/highlights?id=50458</link>
      <description>Levy of GST - reverse charge mechanism - royalty paid/dead rent on account of mining rights - The activity of assignment of rights to use natural resources is treated as supply of services and the licensee is required to pay tax on the amount of consideration paid in the form of royalty or any other form under reverse charge mechanism.</description>
      <category>Highlights</category>
      <law>GST</law>
      <pubDate>Fri, 29 Nov 2019 13:20:04 +0530</pubDate>
      <guid isPermaLink="true">https://www.taxtmi.com/highlights?id=50458</guid>
    </item>
  </channel>
</rss>