Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Classification of body building activity on chassis owned by the principal, either a registered or unregistered customer, under the Goods and Services Tax (GST) regime. It clarifies that the body building activity undertaken by the applicant on customer-owned chassis constitutes a supply of service, classified under Service Accounting Code (SAC) 998881 'Motor vehicle and trailer manufacturing services'. The body building on chassis owned by a GST-registered customer is considered job work, while the same activity on chassis owned by an unregistered customer does not qualify as job work. Regardless of the customer's registration status, the applicable GST rate for the body building service is 9% under the Central GST Act and 9% under the State GST Act, as per the relevant notification entries.
Classification of body building activity on chassis owned by the principal, either a registered or unregistered customer, under the Goods and Services Tax (GST) regime. It clarifies that the body building activity undertaken by the applicant on customer-owned chassis constitutes a supply of service, classified under Service Accounting Code (SAC) 998881 'Motor vehicle and trailer manufacturing services'. The body building on chassis owned by a GST-registered customer is considered job work, while the same activity on chassis owned by an unregistered customer does not qualify as job work. Regardless of the customer's registration status, the applicable GST rate for the body building service is 9% under the Central GST Act and 9% under the State GST Act, as per the relevant notification entries.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
