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Profit-Sharing on Actionable Claims Excluding Lottery, Betting, Gambling Not Subject to GST Under CGST/SGST Rules.

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Full Text of the Document

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....Liability of GST - Profit Sharing Agreement - activities or transactions is in nature of actionable claims other than lottery, betting, gambling which are treated neither as a supply of goods nor a supply of services - do not attract GST as per CGST or SGST....

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