https://www.taxtmi.com/caselaws?id=369179 The ruling determined that differential payments received during the settlement of forward contracts for cotton sales, based on market rates, qualify as "securities" and are exempt from GST. However, if the settlement is based on discretionary rates set by the applicant, GST applies. The decision was based on the specific contract terms provided and may not be applicable to contracts with different conditions. en-us Fri, 28 Sep 2018 00:00:00 +0530 Mon, 03 Mar 2025 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369179 The ruling determined that differential payments received during the settlement of forward contracts for cotton sales, based on market rates, qualify as "securities" and are exempt from GST. However, if the settlement is based on discretionary rates set by the applicant, GST applies. The decision was based on the specific contract terms provided and may not be applicable to contracts with different conditions. Case-Laws GST Fri, 28 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369179