https://www.taxtmi.com/caselaws?id=402832 The ruling classified "Franchisee Fees" and "Royalty" under Heading 9983, attracting GST at 18%. The transfer of an operational outlet was deemed a sale of business assets, not a transfer of a going concern. Consequently, the transaction did not qualify for tax exemption under Notification No.12/2017-Central Tax (Rate). However, the applicant was eligible for Input Tax Credit under Section 16(1) of the CGST Act, 2017, and related rules. en-us Fri, 03 Jul 2020 00:00:00 +0530 Sat, 22 Mar 2025 13:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402832 The ruling classified "Franchisee Fees" and "Royalty" under Heading 9983, attracting GST at 18%. The transfer of an operational outlet was deemed a sale of business assets, not a transfer of a going concern. Consequently, the transaction did not qualify for tax exemption under Notification No.12/2017-Central Tax (Rate). However, the applicant was eligible for Input Tax Credit under Section 16(1) of the CGST Act, 2017, and related rules. Case-Laws GST Fri, 03 Jul 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402832