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Third-party ownership claims over attached property require Special Court adjudication where purchasers lack registered sale deeds and bona fides rema...
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Customs relief for Strait of Hormuz maritime disruptions remains available, with existing conditions continuing unchanged through the extended validit...
The case involves a query regarding the classification of goods and services for GST purposes. The applicant sought clarification on the consideration charged for supplying aggregates and recovering royalty charges. The ruling determined that the applicant's tax collection on royalty charges and goods supplied separately in invoices indicated distinct transactions. Royalty charges were classified under SAC 997337, attracting 9% CGST and 9% SGST, while aggregates fell under HSN code 251710, subject to CGST @2.5% and SGST @2.5%. The ruling emphasized the separate nature of the transactions, not constituting mixed or composite supply.
The case involves a query regarding the classification of goods and services for GST purposes. The applicant sought clarification on the consideration charged for supplying aggregates and recovering royalty charges. The ruling determined that the applicant's tax collection on royalty charges and goods supplied separately in invoices indicated distinct transactions. Royalty charges were classified under SAC 997337, attracting 9% CGST and 9% SGST, while aggregates fell under HSN code 251710, subject to CGST @2.5% and SGST @2.5%. The ruling emphasized the separate nature of the transactions, not constituting mixed or composite supply.
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