https://www.taxtmi.com/caselaws?id=449905 AAR, Andhra Pradesh ruled that carbon credit trading services do not qualify for NIL tax rate exemption under support services to agriculture (SAC code 9986) in Notification 11/2017-Central Tax (Rate). The Authority determined that the applicant's carbon credit trading activities are independent services not aligned with agricultural support services as defined under Sl. No. 24 of the notification. The complex legal nature of carbon credit trading requires specific legislative interpretation to determine GST status, and the services provided fall outside the scope of agricultural support exemptions. en-us Wed, 10 Jan 2024 00:00:00 +0530 Mon, 25 Nov 2024 15:40:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449905 AAR, Andhra Pradesh ruled that carbon credit trading services do not qualify for NIL tax rate exemption under support services to agriculture (SAC code 9986) in Notification 11/2017-Central Tax (Rate). The Authority determined that the applicant's carbon credit trading activities are independent services not aligned with agricultural support services as defined under Sl. No. 24 of the notification. The complex legal nature of carbon credit trading requires specific legislative interpretation to determine GST status, and the services provided fall outside the scope of agricultural support exemptions. Case-Laws GST Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449905