Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
The AAR determined the tax classification for various water quality management service contracts. Pure services involving operation, maintenance, consultancy, and management without goods supply qualify for tax exemption under Notification No. 12/2017-Central Tax (Rate). Contracts involving composite supplies with goods exceeding 25% of contract value will be taxed differently. Specific work orders were analyzed, distinguishing between pure services (exempt), composite supplies (partially taxable), and pure goods supply (fully taxable). The ruling emphasized the constitutional context of water management services under Articles 243G and 243W, providing a nuanced interpretation of service and goods classification for tax purposes.
The AAR determined the tax classification for various water quality management service contracts. Pure services involving operation, maintenance, consultancy, and management without goods supply qualify for tax exemption under Notification No. 12/2017-Central Tax (Rate). Contracts involving composite supplies with goods exceeding 25% of contract value will be taxed differently. Specific work orders were analyzed, distinguishing between pure services (exempt), composite supplies (partially taxable), and pure goods supply (fully taxable). The ruling emphasized the constitutional context of water management services under Articles 243G and 243W, providing a nuanced interpretation of service and goods classification for tax purposes.
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