Monday, May 18, 2020

Depositing Timber with Govt. Timber Depot for Disposal Amounts to Supply, Taxable under GST: AAAR [Read Order]

The Appellate Authority of Advance Ruling (AAAR) in Karnataka, while upholding the ruling of the AAR ruled that the transaction of depositing timber with the Government Timber depot for disposal would amount to “supply” within the meaning assigned to it under the GST Act and GST is chargeable on the value of such supply. The […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2TeJRt9

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