Notification No 15/2018 Central Tax (Rate) : Direct Selling Agents Services under Reverse Charge

Notification No 15/2018 Central Tax (Rate)

Seeks to amend notification No. 13/2017- Central 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).

[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II,
SECTION 3, SUB-SECTION (i)]
Government of India
Ministry of Finance
(Department of Revenue)
Notification No. 15/2018- Central Tax (Rate)
New Delhi, the 26 th July, 2018

GSR……(E).- In exercise of the powers conferred by sub-section (3) of section 9 of the Central Goods and Services Tax Act, 2017 (12 of 2017), the Central Government, on the recommendations of the Council, hereby makes the following further amendments in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), No.13/2017- Central Tax (Rate), dated the 28thJune, 2017, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 692(E), dated the 28thJune,
2017, namely:-

In the said notification, –
(i) in the Table, after serial number 10 and the entries relating thereto, the following serial number and entries shall be inserted, namely:

Download Complete Notification No 15/2018 Central Tax (Rate)

The post Notification No 15/2018 Central Tax (Rate) : Direct Selling Agents Services under Reverse Charge appeared first on Tax Heal.

from Tax Heal https://ift.tt/2K0sIf5