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rule 32 (7) pls explain

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..... (7) The value of taxable services provided by such class of service providers as may be notified by the Government, on the recommendations of the Council, as referred to in paragraph 2 of Schedule I .....

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..... of the said Act between distinct persons as referred to in section 25 , where input tax credit is available, shall be deemed to be NIL. Sir PLs explain this.''where input tax cred .....

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..... it is available, shall be deemed to be NIL.'' - Reply By MARIAPPAN GOVINDARAJAN - The Reply = Schedule I give the list of activities that are to be treated as supply even if made without .....

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..... consideration. Para 2 of the Schedule provides that supply of goods or services or both between related person or between distinct persons as specified in section 25 , when made in the course or .....

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..... furtherance of business will be a supply even if it is made without consideration. Rule 32(7) provides that the above said services provided by service providers as notified by the Central Govern .....

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..... ment on the recommendations of the Council the value of taxable services shall be treated as NIL, even input tax credit is available. - rule 32 (7) pls explain - Query Started By: - satbir singhwah .....

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..... i Dated:- 30-1-2018 Goods and Services Tax - GST - Got 1 Reply - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - tax .....

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..... management - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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