Place of supply
Query (Issue) Started By: – sanjeev batra Dated:- 24-5-2018 Last Reply Date:- 24-5-2018 Goods and Services Tax – GST
Got 3 Replies
GST
1) What will be the place of supply if estate agent receive commission from abroad for letting out\/sale of property in india ?
\n2) What will be tax if property is located in different State other than estate agent registered premises ?
\n3) What will be tax if property is located in same State of registered premises of estate agent ?
\nReply By Alkesh Jani:
\nThe Reply:
\nSir,
\nWith regards, to your query No.1, the Section 13(4) of IGST Act, 2017, which is applicable in your case and is as under :-
\n“13 (4) The place of supply of services supplied directly in relation to an immovable <\/p>\n
= = = = = = = =<\/p>\n
Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n to be located. Since property is located in India, thus the amount of commission received by the estate agent from abroad is exigible to tax. = = = = = = = =<\/p>\n Plain text (Extract) only<\/strong> = = = = = = = =<\/p>\n","protected":false},"excerpt":{"rendered":" Place of supply Query (Issue) Started By: – sanjeev batra Dated:- 24-5-2018 Last Reply Date:- 24-5-2018 Goods and Services Tax – GSTGot 3 RepliesGST1) What will be the place of supply if estate agent receive commission from abroad for letting out\/sale of property in india ? 2) What will be tax if property is located … Continue reading “Place of supply”<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-11921","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=11921"}],"version-history":[{"count":0,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=\/wp\/v2\/posts\/11921\/revisions"}],"wp:attachment":[{"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=11921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=11921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goodsandservicetax.in\/GST\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=11921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
For full text:-Visit the Source <\/a><\/p>\n
\nFurther, in view of section 7(3) and 8(2) of IGST Act, 2017, inter-state or intra-state supply shall be determined in the following manner:-
\n(a) Where location of supplier and place of supply are in two different States, the same shall be considered as inter-state supply and
\n(b) Where location of supplier and the place of supply are in the same State, the same shall be treated as intra-State supply.
\nAccordingly IGST or CGST\/SGST shall be charged in your case.
\nHope, this will resolve your query.
\nRegards
\nNitika Aggarwal
\n9953157961
\nReply By YAGAY and SUN:
\nThe Reply:
\nImmovable property related <\/p>\n
For full text:-Visit the Source <\/a><\/p>\n