Monday, March 18, 2019

Gold Schemes Offered to Customers not eligible for GST Input Tax Credit: AAR [Read Order]

The Maharashtra Advance Ruling Authority (AAR) has ruled that the companies cannot avail input tax credit under the GST regime in respect of Gold Schemes offered to the customers to promote business. The applicant, Biostadt India Ltd is a company engaged in manufacturing and distribution of crop inputs and hybrid seeds. They launched a scheme, […]

The post Gold Schemes Offered to Customers not eligible for GST Input Tax Credit: AAR [Read Order] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws https://ift.tt/2uaBG46

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