Suggestions on GST Acts (July 2017) by Institute of Chartered Accountants of India
11 . 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 ICAI Suggestions on GST Act to Govt : July 2017
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