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of <h1>Bihar GST Act Update: Liquor License Fees Not Classified as Supply of Goods or Services, Exempt from Taxable Supply.</h1> The State Government of Bihar has issued a notification under the Bihar Goods and Services Tax Act, 2017, stating that the grant of liquor licenses, in exchange for a license fee or application fee, will not be considered as a supply of goods or services. This notification, dated September 30, 2019, was made following the recommendations of the Council and is authorized by the Governor of Bihar. The notification clarifies the tax treatment of transactions involving liquor licenses, indicating they are exempt from being classified as taxable supplies.
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