Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Road restoration charges constitute taxable services when requested for commercial pipeline activity, requiring reverse-charge GST from the business r...
Interest on delayed release of requisitioned cash includes statutory pre-assessment interest and restitutionary compensation for unlawful post-assessm...
Incomplete inventory records justify rejecting accounts, while profit estimation requires relevant comparable material and interest falls under other ...
Transfer-pricing comparability requires functional alignment; delayed associated-enterprise receivables need separate LIBOR-based benchmarking, while ...
Complete e-rickshaw CKD kits fall under Rule 2(a) as finished electrically operated vehicles only where every component necessary for one vehicle is supplied together as one identifiable kit and assembly requires no additional essential component. Purchase orders, invoices, packing lists and contemporaneous records must consistently identify the supply as an e-rickshaw in CKD/SKD condition, and the consignment must match those records. On satisfying all four requirements, classification is under HSN 87038040 as a three-wheeled electrically operated vehicle, attracting 5% GST; otherwise, the supply is classified and taxed as individual parts and components.
Complete e-rickshaw CKD kits fall under Rule 2(a) as finished electrically operated vehicles only where every component necessary for one vehicle is supplied together as one identifiable kit and assembly requires no additional essential component. Purchase orders, invoices, packing lists and contemporaneous records must consistently identify the supply as an e-rickshaw in CKD/SKD condition, and the consignment must match those records. On satisfying all four requirements, classification is under HSN 87038040 as a three-wheeled electrically operated vehicle, attracting 5% GST; otherwise, the supply is classified and taxed as individual parts and components.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4923 
