- KSEB issued a circular on GST exemption on services related to electricity distribution and transmission
- Services like meter rent, new electricity connections, and deposit works will now be exempt from GST
- The 54th GST Council recommended exemption for various services provided by KSEB
- The taxability of transactions will undergo a vast change as GST will not be applicable to most services provided by KSEB
Source: a2ztaxcorp.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
Latest Posts in "India"
- GST Reduction on Fruit Drinks Excludes Colas; Prices Remain Unchanged for Carbonated Beverages
- Supreme Court Stays Retrospective GST Penalty, Examines Applicability to Non-Taxable Persons
- India Unveils Simplified GST Rate Structure
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- India Reduces GST on Solar and Wind Equipment to 5%, Cutting Renewable Energy Project Costs