AAR : Transaction fee collected as custodian for ITE&C Dept. not subject to GST

Nov 06,2018

Andhra Pradesh AAR holds that the e-procurement transaction fee collected on behalf of ITE&C department qualifies as ‘supply’ under Section 7 of CGST/ SGST Act, 2017; Refers to para 5 of G.O.Ms.No. 17 dated October 31, 2017 which clarifies that the applicant will be paid service charge @5% on e-procurement corpus fund and e-procurement transaction fee towards services rendered by the applicant, for which they are paying tax as an independent entity for the servic...

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