Under GST, there are three levels of Tax IGST, CGST & SGST/UTGST and based on the 'place of supply' and 'place of supplier' the respective tax will be levied. IGST is levied where transaction is inter-state, and CGST & SGST/UTGST are levied where the transaction is intra-state. ...
This article deals with the new OECD international VAT/GST Guidelines on place of supply of B2B Services and Intangibles. The Guidelines were approved by the OECD Committee on Fiscal Affairs in January 2014. The aim of the article is to analyse the new Guidelines from an EU law perspective ...
GST is destination based tax i.e consumption tax, which means tax is levied where goods and services are consumed and accrue to that state. The supply of goods or services or both when the supplier is located in India and the place of supply is outside India sha...
of VAT, sales tax, goods and service tax (GST) or any similar or analogous turnover tax applicable in a relevant territory if any, which shall be charged in addition thereto in accordance with the relevant laws and regulations in force at the time of making the relevant taxable supply. ...
1.25 "Payment Services Provider(s)"mean financial service providers that supply the Service with a method for HostJane to collect US dollar payments from Buyers on behalf of Sellers, and for Sellers to receive their net Earnings in US dollars. ...
Arbitrage funds, a category of mutual funds, have received a reputation among traders for his or her precise strategy of capitalising on rate differentials in various markets. These funds purpose to supply strong returns through leveraging the price gaps between…Read More ...