Section 21 of IGST – Import of services made on or after the appointed day. Complete Details for IGST Section 21. Detailed Analysis of all Sections of IGST Act 2017. In this IGST Section you may find all details for Import of services made on or after the appointed day IGST Act 2017. Detailed Analysis of IGST Section 21 of Integrated goods & Service tax Act 2017. We Provide Complete Details for All IGST Section’s and In this article you may find all details for IGST Section 21. Check Section Wise Analysis of IGST Act 2017, Chapter Wise Analysis of IGST All Sections. in this article you may find complete details regarding Section 21 of IGST Act 2017 – Import of services made on or after the appointed day, IGST all sections and definitions. Now Check more details from below…..
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Section 21 of IGST – Import of services made on or after the appointed day
Import of services made on or after the appointed day shall be liable to tax under the provisions of this Act regardless of whether the transactions for such import of services had been initiated before the appointed day:
Provided that if the tax on such import of services had been paid in full under the existing law, no tax shall be payable on such import under this Act:
Provided further that if the tax on such import of services had been paid in part under the existing law, the balance amount of tax shall be payable on such import under this Act.
Explanation.––For the purposes of this section, a transaction shall be deemed tohave been initiated before the appointed day if either the invoice relating to such supply orpayment, either in full or in part, has been received or made before the appointed day.
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