GST #Issue13 why Reverse Charge under Revised GST Law needs Amendment

By | January 9, 2017
(Last Updated On: January 9, 2017)

Levy & Collection of GST under Reverse Charge

Section 8(3) of Revised Model GST Law,

8. Levy and Collection of Central/State Goods and Services Tax

3) The Central or a State Government may, on the recommendation of the Council, by notification, specify categories of supply of goods and/or services the tax on which is payable on reverse charge basis and the tax thereon shall be paid by the recipient of such goods and/or services and all the provisions of this Act shall apply to such person as if he is the person liable for paying the tax in relation to the supply of such goods and/or services.

Issue in Levy & Collection of GST under Reverse Charge

It is not clear whether supplies other than those in course or furtherance of business are excluded from the purview of Section 7(3)

Suggestions in Levy & Collection of GST under Reverse Charge

An explanation be added to specify that supplies other than those in course or furtherance of business are excluded from the purview of Section 8(3) of Revised  Model GST Law

Related Post on GST Issue

GST #Issue1-GST Tax Credit of Capital Goods received on or after Appointed Date ?

GST #Issue2- Pay GST on leasing out farmland on rent

GST #Issue3 : Software is Goods or Service under GST ?

GST #Issue4- Tax On High Seas

GST #Issue5 : Pay GST on Services by Overseas branch office to Head Office in India

GST #Issue6 ; When to Pay GST on Gift Vouchers

GST #issue7- Recipient has to ensure that Supplier pays tax to claim ITC

GST #Issue8 ; Check posts in India will continue under GST regime also ?

GST #Issue9 How Turnover will bring litigations under GST regime

GST #Issue10 : Taxation of Electricity under GST Regime ?

GST #Issue11 Manufacturer under Revised GST Law from Repealed Act ?

GST #Issue12 : Works contract under Revised Model GST Law needs Amendment

Leave a Reply

Your email address will not be published. Required fields are marked *