Revenue neutrality in domestic related-party loans can require deletion of interest transfer pricing adjustments after domestic-transaction verificati...
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 held that artificial turf/artificial grass qualifies as tufted turf under chapter 5703 and attracts GST at 12% as per entry 144 of Notification 1/2017-CT(R). When supplied with installation, it constitutes a works contract service under SAC 995428, involving transfer of property in goods and attachment to immovable property, thus treated as a composite supply of service under Schedule II of the CGST Act, 2017. The reusability of the turf is subject to adhesive loss, reinforcing the works contract classification. Consequently, the works contract service is subject to GST at 18% under entry 3(xii) of Notification 11/2017-CT(R). Therefore, supply of artificial turf alone attracts 12% GST, whereas supply with installation as works contract service attracts 18% GST.
The AAR held that artificial turf/artificial grass qualifies as tufted turf under chapter 5703 and attracts GST at 12% as per entry 144 of Notification 1/2017-CT(R). When supplied with installation, it constitutes a works contract service under SAC 995428, involving transfer of property in goods and attachment to immovable property, thus treated as a composite supply of service under Schedule II of the CGST Act, 2017. The reusability of the turf is subject to adhesive loss, reinforcing the works contract classification. Consequently, the works contract service is subject to GST at 18% under entry 3(xii) of Notification 11/2017-CT(R). Therefore, supply of artificial turf alone attracts 12% GST, whereas supply with installation as works contract service attracts 18% GST.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
