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 ...
Mutual fund maturity rules require proper rollover, redemption, disclosure, and due diligence; investor gains cannot excuse regulatory breaches or pen...
The AAR held that the applicant's dredging and de-silting services performed using Cutter Suction Dredger in specified river channels for the Government of West Bengal constitute a pure service without any supply of goods. The activity involves excavation and removal of silt without any construction or creation of dumping grounds, thereby excluding it from works contract or composite supply classifications. Consequently, the service satisfies all conditions under Entry No. 3 of Notification No. 12/2017-Central Tax (Rate). The Authority ruled that the supply of dredging and removal of dredged materials falls within the scope of this entry, rendering the applicable GST rate as NIL.
The AAR held that the applicant's dredging and de-silting services performed using Cutter Suction Dredger in specified river channels for the Government of West Bengal constitute a pure service without any supply of goods. The activity involves excavation and removal of silt without any construction or creation of dumping grounds, thereby excluding it from works contract or composite supply classifications. Consequently, the service satisfies all conditions under Entry No. 3 of Notification No. 12/2017-Central Tax (Rate). The Authority ruled that the supply of dredging and removal of dredged materials falls within the scope of this entry, rendering the applicable GST rate as NIL.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4807
Join Channel
TaxTMI 
