Raw cotton now taxable under reverse charge
taxgrid
November 15, 2017
Raw cotton now taxable under reverse charge2017-11-15T13:46:10+05:30
official clarifications
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Section 9(3) of CGST act provides that the specified goods and services shall be chargeable under reverse charge. Notification No.4/2017- Central Tax (Rate) specifies the list of such goods. The Notification No. 43/2017-Central Tax (Rate) makes an addition to this list by providing for supply of raw cotton.
23 gst council meeting, goods under reverse charge, gst on cotton, list of reverse charge items, notification no.4/2017, notification no.43/2017, reverse charge mechanism, reverse charge on cotton, reverse charge on goods, section 9(3)
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