EPC Services

  • Impact on Output Pricing

  • GST on services in place of Service Tax and VAT
  • FOC impacts to be factored in supply
  • No more abatements forseen, rate at general level.
  • Exemption forseen for dams, canals, schools, UN, SEZ only

  • Impact on Supply Chain Management

  • Inter branch supply of goods / services made taxable
  • No more loss of CST in inter state transfers
  • Movement of goods for repair under annual contracts may pose problem

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient.

  • Impact on Registrations

  • Separate registrations in each state
  • No more composition choice state wise
  • TDS deduction by customer may impact decision of registration

  • Impact on Cash Flow

  • Advances for goods also made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers

  • Input Tax Credit

  • Credit availability subjected to online filing by supplier
  • Credit of State GST restricted in certain cases
  • Credit of your output GST of Catering not available to purchaser when purchased for employees

 

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Manufacturing Services

  • Impact on Output Pricing

  • FOC impacts to be factored in supply
  • Exemption forseen for schools, UN, SEZ only

  • Impact on Supply Chain Management

  • Branch transfers taxable
  • Salary of supervisors / seniors handling supply across different states may pose a problem

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient.

  • Impact on Registrations

  • Separate registrations in each state
  • ISD registration in case of common input services
  • TDS deduction by customer may impact decision of registration

  • Impact on Cash Flow

  • Advances made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers

  • Input Tax Credit

  • Input of Credit on consumables may reduce operational costs
  • Credit of State GST restricted in certain cases

 

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Housekeeping Services

  • Impact on Output Pricing

  • FOC impacts to be factored in supply
  • Exemption forseen for schools, UN, SEZ only

  • Impact on Supply Chain Management

  • Usually no supply chain impacts other than transfers of consumables
  • Salary of supervisors / seniors handling supply across different states may pose a problem

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient.

 

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Maintenance Services

  • Impact on Registrations

  • Separate registrations in each state.
  • ISD registration in case of common input services.
  • TDS deduction by customer may impact decision of registration.

  • Impact on Cash Flow

  • Advances made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers

  • Input Tax Credit

  • Input of Credit on consumables may reduce operational costs
  • Credit of State GST restricted in certain cases

 

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Repairing Services

  • Impact on Output Pricing

  • GST on services in place of Service Tax and VAT
  • FOC impacts to be factored in supply
  • No more abatements forseen, rate at general level.
  • Exemption forseen for dams, canals, schools, UN, SEZ only

  • Impact on Supply Chain Management

  • Inter branch supply of goods / services made taxable.
  • No more loss of CST in inter state transfers.
  • Movement of goods for repair under annual contracts may pose problem.

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient.

  • Impact on Registrations

  • Separate registrations in each state
  • No more composition choice state wise
  • TDS deduction by customer may impact decision of registration

  • Impact on Cash Flow

  • Advances for goods also made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers.

  • Input Tax Credit

  • Credit availability subjected to online filing by supplier.
  • Credit of State GST restricted in certain cases.
  • Credit of your output GST of Catering not available to purchaser when purchased for employees.

 

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Catering Services

  • Impact on Output Pricing

  • FOC impacts to be factored in supply
  • Inputs mostly (fruits/ vegetables/ basic food) may be exempt while output taxable. No more abatements
  • Exemption forseen for factory canteens, schools, UN, SEZ only.

  • Impact on Supply Chain Management

  • Inter branch supply of goods / services made taxable
  • No more loss of CST in inter state transfers
  • No more statutory forms

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of performance. Any back to back sub contracts shall have bearing on overall credit availability.

  • Impact on Registrations

  • Separate registrations in each state
  • No more composition choice state wise
  • Monthly compliance of payment and return in each state.

  • Impact on Cash Flow

  • Advances made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • More caution in case of provisioning by customers

  • Input Tax Credit

  • Credit availability subjected to online filing by supplier
  • Credit of State GST restricted in certain cases
  • Credit of your output GST of Catering not available to purchaser when purchased for employees

 

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Travel Agency Services

  • Impact on Output Pricing

  • Inter state and Intra state supplies
  • Supply Valuation – a major challenge especially in case of associated enterprises / Branches
  • FOC impacts to be factored in supply
  • No specific Exemption expected

  • Impact on Supply Chain Management

  • Services amongst Branch taxable
  • ISD to play a major role
  • Debit / Credit notes may pose challenge
  • Salary of supervisors / senior management handling supply across different states may pose a problem

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient in case of B2B.
  • Location of supply in case of sub contractors shall also influence many business decisions

  • Impact on Registrations

  • Separate registrations in each state
  • E Commerce transaction – special provisions

  • Impact on Cash Flow

  • Advances are taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers

  • Input Tax Credit

  • Credit availability subjected to online filing by supplier
  • Credit of State GST restricted in certain cases
  • Credit of your output GST of Catering not available to purchaser when purchased for employees

 

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Trading

 

 

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Tour Operator Services

  • Impact on Output Pricing

  • Separate registrations in each state
  • ISD registration in case of common input services
  • TDS deduction by customer may impact decision of registration

  • Impact on Supply Chain Management

  • Services amongst Branch taxable
  • ISD to play a major role
  • Debit / Credit notes may pose challenge
  • Salary of supervisors / senior management handling supply across different states may pose a problem

  • Impact On Place of Supply

  • Place of Supply shall usually be the location of recipient in case of B2B
  • Location of supply in case of sub contractors shall also influence many business decisions

  • Impact on Registrations

  • Separate registrations in each state
  • ISD registration in case of common input services
  • TDS deduction by customer may impact decision of registration

  • Impact on Cash Flow

  • Advances made taxable
  • Vendor / Customer discounts to be examined for tax impacts
  • Impact on tax in case of provisioning by customers

  • Input Tax Credit

  • Input of Credit on consumables may reduce operational costs
  • Credit of State GST restricted in certain cases

 

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Ecommerce Operators

 

 

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