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3 point in 2 nd problem answer was wrong in icai matrial

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Banda Veeresh

Banda Veeresh

CA Inter

35K+

26-Jan-21 17:27

17

Answers (1)

Yes. Central Govt has to pay tax and not Business Entity Notification No. 13/2017 dt. 28.06.2017 entry 5 states that in respect of services other than â?? (i) renting of immovable property; (ii) services by the Department of Posts by way of speed post, express parcel post, life insurance, and agency services provided to a person other than Government; and (iii) services in relation to an aircraft or a vessel, inside or outside the precincts of an airport or a port, the service recipients (business entities) are required to pay the tax under reverse charge mechanism.


sudha reddy

sudha reddy

Moderator

28-Jan-21 13:44

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