Clarification on Direct Selling Agents and Renting of Immovable Property
Central Government amends Notification No. 10/2017- Integrated Tax (Rate). Direct Selling Agents (DSAs) now included in service tax provisions.
DSAs providing services to banks or non-banking financial companies (NBFCs) covered.
Definition of "renting of immovable property" expanded to include various arrangements. Effective from July 27, 2018.
Signed by Gunjan Kumar Verma, Under Secretary to the Government of India. Stay informed to ensure compliance with updated tax regulations.
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