Thursday, May 14, 2020

LIC Maturity Sum exempted from GST: AAR [Read Order]

The Authority for Advance Rulings (AAR), Karnataka bench has recently held that the salary of a director is not subject to Goods and Services Tax (GST). While delivering a significant ruling, the authority observed that the same is not a service. The applicant, M/s Anil Kumar Agarwal is an unregistered person and is in receipt […]

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

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