Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
Classification of treated water and exemption from GSt - Water recovered out of the effluent treatment process nothing but an ordinary water which is suitable for reuse by the dyeing and bleaching units as a solvent and as a washing, rinsing medium. - Treated water, which does not possess any special characteristics or specialized uses (like those in aerated drinks, medicinal uses, automotive cooling systems, etc.), falls under the category of ordinary water. Consequently, it is exempt from GST under the specified notification. - AAR
Classification of treated water and exemption from GSt - Water recovered out of the effluent treatment process nothing but an ordinary water which is suitable for reuse by the dyeing and bleaching units as a solvent and as a washing, rinsing medium. - Treated water, which does not possess any special characteristics or specialized uses (like those in aerated drinks, medicinal uses, automotive cooling systems, etc.), falls under the category of ordinary water. Consequently, it is exempt from GST under the specified notification. - AAR
Note: It is a system-generated summary and is for quick reference only.
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