Monday, February 4, 2019

GST: Govt excludes Certain Exempt Services for determining Eligibility for Composition Scheme [Read Circular]

The Central Board of Indirect Taxes and Customs ( CBIC ) has clarified that the value of supply of exempt services by way of extending deposits, loans or advances in so far as the consideration is represented by way of interest or discount, shall not be taken into account – (i) for determining the eligibility […]

The post GST: Govt excludes Certain Exempt Services for determining Eligibility for Composition Scheme [Read Circular] appeared first on Taxscan | Simplifying Tax Laws.



from Taxscan | Simplifying Tax Laws http://bit.ly/2WEDj78

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