Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
Objective characteristics and principal use govern mining-tyre classification, while fresh advance ruling applications may rely on additional technica...
Administrative fraud classification suspension does not halt independent criminal investigation or warrant-based searches into alleged economic offenc...
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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