Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Requirement of GST registration - dealing in brokerage of agricultural produce which is exempt - The AAR determined that the applicant's activities qualify as commission and brokerage services under GST laws. They clarified that regardless of the turnover, GST registration is required for persons involved in such services. The applicable GST rate for these services was determined to be 9% each for CGST and SGST.
Requirement of GST registration - dealing in brokerage of agricultural produce which is exempt - The AAR determined that the applicant's activities qualify as commission and brokerage services under GST laws. They clarified that regardless of the turnover, GST registration is required for persons involved in such services. The applicable GST rate for these services was determined to be 9% each for CGST and SGST.
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