Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
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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