Read more about Indirect Tax Legislative, Judicial updates and Foreign Trade Policies.
This edition of the weekly digest highlights:
- AAR Andhra Pradesh – Supply made in course of business is liable to GST even if made with NIL monetary benefit
- AAAR-Madhya Pradesh – No ITC shall be claimed on lift procured and installed in hotel building
- Clarification on applicability of GST on Liquidated Damages, Compensation and penalty arising out of breach of contract or other provisions of law
Source BDO
Latest Posts in "India"
- India clarifies GST rates and input tax credit rules for goods, toys, vehicles, shipping services
- India’s GST E-Invoice Services Temporarily Unavailable for Maintenance
- India Tests E-Invoicing for Recipient-Generated Reverse-Charge Self-Invoices
- India: FICO Urges Punjab to Clear Pending GST and VAT Refunds
- India: CBIC Clarifies Seven GST Issues on Input Service Distributor Mechanism
