Statutory refund interest requires correction of short computation and compensation where admitted interest remains unpaid through administrative dela...
Clean slate principle extinguishes uncrystallised operational claims and bars continuation of pending recovery and arbitral proceedings after plan app...
Page of 4805
Press 'Enter' after typing page number.
1101 to 1120 of 96092 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
Activity of procuring and delivering fresh cooked food with pickup, delivery and logistics services is a composite supply and not a mere sale of goods; therefore it is a supply of service under Schedule II para 6(b). Because the service does not fall within listed catering entries, it is classed under the residual entry for contract food services and attracts GST at 18% (9% CGST + 9% SGST) under entry 7(vi) of the rate notification. Inward supplies used to make that outward composite supply qualify for input tax credit under the proviso exclusion to the input tax credit restriction, so the applicant is eligible to claim ITC.
Activity of procuring and delivering fresh cooked food with pickup, delivery and logistics services is a composite supply and not a mere sale of goods; therefore it is a supply of service under Schedule II para 6(b). Because the service does not fall within listed catering entries, it is classed under the residual entry for contract food services and attracts GST at 18% (9% CGST + 9% SGST) under entry 7(vi) of the rate notification. Inward supplies used to make that outward composite supply qualify for input tax credit under the proviso exclusion to the input tax credit restriction, so the applicant is eligible to claim ITC.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4805
Join Channel
TaxTMI 
