Specialized Investment Fund distribution now requires dedicated certification, while transitional recognition preserves existing qualified distributor...
Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Recoveries by a resident welfare association for water and electricity, even if billed separately and on actual-cost basis, are treated as part of its maintenance service to members and constitute consideration for supply; they are taxable subject to the membership-organisation exemption ceiling. Costs procured and billed in the association's name do not meet the pure agent conditions and are includible in the composite supply. Contributions to a corpus fund are advances for future supply and trigger GST at receipt under time-of-supply rules. Community centre subscriptions qualify as membership maintenance services and benefit from the exemption subject to the prescribed ceiling and conditions.
Recoveries by a resident welfare association for water and electricity, even if billed separately and on actual-cost basis, are treated as part of its maintenance service to members and constitute consideration for supply; they are taxable subject to the membership-organisation exemption ceiling. Costs procured and billed in the association's name do not meet the pure agent conditions and are includible in the composite supply. Contributions to a corpus fund are advances for future supply and trigger GST at receipt under time-of-supply rules. Community centre subscriptions qualify as membership maintenance services and benefit from the exemption subject to the prescribed ceiling and conditions.
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