VATupdate

Forest Permit Fee attracts 18% GST: AAAR

Telangana Appellate Authority for Advance Ruling(AAAR) recently held that the Applicant is obliged to pay GST on the forest permit fee paid by it under reverse charge mechanism and it would attract 18% Goods and service tax.    The applicant, M/s Singareni Colleries Company Ltd, is a government owned coal mining company and it is jointly…

Source Taxscan

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