52nd GST council likely to give clarity for taxation of data centres, suggest Data centre services to be treated as export and not subject to GST in case of overseas customer

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52nd GST Council Meeting, Important News

As per recent tweet by CNBC-TV18, stating that the 52nd GST council is likely to give clarity for taxation of data centres, suggest Data centre services to be treated as export and not subject to GST in case of overseas customers.

  • GST Council likely to give clarity for taxation of data centres
  • GST Council to issue clarification circular suggesting Data center services to be treated as export and not subject to GST in case of overseas customer
  • Circular likely to say Data centers with contracts only for providing physical space on rent then GST to be applicable at 18%

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Source from: https://twitter.com/CNBCTV18Live/status/1710556594197701087

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🔰 FREE Webinar On:

📢 “Important changes in GST Law w.e.f. October 1, 2023”

🗓️ Date : October 09, 2023, Monday

⏰ Time : 7:30 PM to 9:00 PM (IST)

🎤 Speaker : Adv Bimal Jain

🔖 Registration Link: 

https://zoom.us/webinar/register/WN_9T2fW11WRmimW4HiwWtNYQ

📝 Coverage:

✔️ New condition for Supply of services/goods to SEZ Developer/Unit
✔️ Input Tax Credit for CSR Expenses restriction
✔️ Input Tax Credit reversal under Rule 42 & Rule 43 with respect to Supplies from Bonded Warehouse
✔️ Filing returns/statements namely GSTR 1, GSTR 3B, TDS Statement, and Annual Return restriction
✔️ IGST applicability on Ocean Freight by the importer of goods
✔️ Can Suppliers of goods through an E-Commerce platform are eligible to opt for a composition scheme
✔️ Offenses have been decriminalized, and what is the new threshold amount for prosecution under GST Law
✔️ Important Changes under Online Gaming
✔️ Q&A and open discussion and many more

Limited seats available

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