GST exemption removed for aquatic invertebrates other than crustaceans and molluscs, altering their taxable status under GST. Omission of the GST exemption removes tax-free treatment for live, fresh or chilled aquatic invertebrates other than crustaceans and molluscs; suppliers must treat those goods as taxable supplies and adjust invoicing, returns, and input tax treatment following deletion of the exempt entry from the schedules.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
GST exemption removed for aquatic invertebrates other than crustaceans and molluscs, altering their taxable status under GST.
Omission of the GST exemption removes tax-free treatment for live, fresh or chilled aquatic invertebrates other than crustaceans and molluscs; suppliers must treat those goods as taxable supplies and adjust invoicing, returns, and input tax treatment following deletion of the exempt entry from the schedules.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.