Development agreements require legal possession or effective enjoyment for capital gains transfer; permissive possession and deferred consideration de...
Prolonged sterilisation of development rights supports capital-gains treatment, while business-income disallowances cannot govern capital-gains comput...
Additional evidence in transfer pricing dispute leads to fresh examination, while tax deductions, TDS credit, fee and refund interest require verifica...
Category II AIF pass-through taxation preserves non-business income character; investment receipts cannot be reclassified without applying recognised ...
Circular clarifies GST rates and classification of goods based...
GST rates: Solar cookers 12%, fire sprinklers 12%, poultry machinery parts 12%. Farm produce >25kg/L exempt. Pulses/cereals for weaker sections regularized.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Circular clarifies GST rates and classification of goods based on GST Council recommendations in its 53rd meeting. Solar cookers working on dual energy attract 12% GST. Fire water sprinklers attract 12% GST. Parts of poultry-keeping machinery attract 12% GST. Agricultural farm produce in packages over 25kg/25L excluded from pre-packaged and labelled definition, hence exempt from 5% GST. Supplies of pulses/cereals to/by government agencies for distribution to weaker sections regularized for past period subject to conditions. Issues regularized on as is where is basis for prevailing genuine doubts.
Circular clarifies GST rates and classification of goods based on GST Council recommendations in its 53rd meeting. Solar cookers working on dual energy attract 12% GST. Fire water sprinklers attract 12% GST. Parts of poultry-keeping machinery attract 12% GST. Agricultural farm produce in packages over 25kg/25L excluded from pre-packaged and labelled definition, hence exempt from 5% GST. Supplies of pulses/cereals to/by government agencies for distribution to weaker sections regularized for past period subject to conditions. Issues regularized on as is where is basis for prevailing genuine doubts.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
