VATupdate
VAT

18% GST payable on Crumb Rubber or Granule: AAR

The Maharashtra Authority of Advance Ruling (AAR) ruled that 18% GST is payable on Crumb rubber or granule. The applicant,  Green Rubber Crumb Private Ltd. has been producing crumb rubber/granules from used/waste tyres and has submitted during the course of the hearing that the waste/used tyres are not usable because they are worn out tyres due to wear and tear.

Source Taxscan

Sponsors:

Advertisements:

* click here if you have interesting news to share *