Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Data transmission equipment classification under CTSH 8517 62 remains distinct from residual classification, with exemption evidence requiring scrutin...
The Advance Ruling Authority in Tamil Nadu addressed the liability of an exporter (M/s. DCW Ltd.) under Reverse Charge Mechanism (RCM) to pay GST on export freight on Free on Board (FOB) basis. The exporter was found not liable for GST on RCM basis as they are not involved in arranging export freight. The shipping line accepting goods from the exporter was not required to pay GST on RCM basis as they were not the applicant and not involved in the transaction. The question of GST liability on export freight and whether it constitutes an inter-state supply subject to IGST was deemed irrelevant as it did not pertain to the exporter. The determination of taxable value in the absence of known freight value was not addressed due to the preceding conclusions.
The Advance Ruling Authority in Tamil Nadu addressed the liability of an exporter (M/s. DCW Ltd.) under Reverse Charge Mechanism (RCM) to pay GST on export freight on Free on Board (FOB) basis. The exporter was found not liable for GST on RCM basis as they are not involved in arranging export freight. The shipping line accepting goods from the exporter was not required to pay GST on RCM basis as they were not the applicant and not involved in the transaction. The question of GST liability on export freight and whether it constitutes an inter-state supply subject to IGST was deemed irrelevant as it did not pertain to the exporter. The determination of taxable value in the absence of known freight value was not addressed due to the preceding conclusions.
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