Amendment to Definitions in Section 2 of the Integrated Goods and Services Tax Act, 2017
An amendment has been made to Section 2 of the Integrated Goods and Services Tax Act, 2017. The amendment involves changes to the definitions of certain terms used in the Act. Firstly, clause (16) has been revised to redefine "non-taxable online recipient." This term now refers to any unregistered person who receives online information and database access or retrieval services in a taxable territory. The explanation added clarifies that an "unregistered person" includes individuals who are registered only under specific conditions outlined in clause (vi) of Section 24 of the Central Goods and Services Tax Act, 2017. Additionally, in clause (17), the phrase "essentially automated and involving minimal human intervention and" has been removed. This change likely streamlines the definition, possibly affecting how online services are categorized and taxed under the Act. These amendments aim to clarify and update the language and scope of the law, ensuring that it accurately reflects the current understanding and application of tax regulations related to online services.
Note: It is an AI generated summary for reference purpose only.
Amendment of section 2.
160. In the Integrated Goods and Services Tax Act, 2017 (hereinafter referred to as the Integrated Goods and Services Tax Act), in section 2,—
(a) for clause (16), the following clause shall be substituted, namely:—
'(16) "non-taxable online recipient" means any unregistered person receiving online information and database access or retrieval services located in taxable territory.
Explanation.—For the purposes of this clause, the expression "unregistered person" includes a person registered solely in terms of clause (vi) of section 24 of the Central Goods and Services Tax Act, 2017;'
(b) in clause (17), the words "essentially automated and involving minimal human intervention and" shall be omitted.
