Delete entry 4 of Schedule I of CGST Act : ICAI suggestion

By | October 3, 2017
(Last Updated On: October 3, 2017)

Suggestions on GST Implementation Issues 28.09.2017 by ICAI Indirect Tax Committee

Law Related Issues

12. Taxability of Import of services

Section 7(1)(b) of CGST Act provides that supply includes import of services, for a
consideration whether or not in the course or furtherance of business, and

Further, Schedule I Point 4 of the CGST Act provides that Import of services by a taxable
person from a related person or from any of his other establishments outside India, in the
course or furtherance of business will be treated as supply even if made without
consideration.

Issue

Import of services is anyway covered in section 7(1)(b) and establishments outside India is
a distinct person which will apply to import of services also. Dual coverage of import of
services might lead to interpretational issues.

Suggestion

It is suggested that entry 4 of Schedule I of CGST Act be deleted.

Read Suggestions on GST Implementation Issues 28.09.2017 by ICAI Indirect Tax Committee

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