Council seeks to inter alia clarify 'supply' scope, prescribe procedure for return filing & availing ITC

GST Council proposes a plethora of taxpayer friendly amendments to GST law, seeks comments from stakeholders by July 15; As per the proposed amendments, facilitation & arrangement of transactions in securities would constitute ‘service’, import of services by an unregistered entity from related person / establishment outside India shall be taxable, there shall be no double taxation of transactions in high seas sales and sale of warehoused goods before clearance for ho...