The Karnataka Authority of Advance Ruling (AAR) has ruled that, Goods and Services Tax (GST) not applicable on cost of tools supplied by Original Equipment Manufacturer on free of cost basis. The applicant is involved in the manufacture and sale of plastic moulds, press tools, jigs/fixtures/ gauges, injection moulded parts and design services, as per […]
The post No GST on Cost of Tools supplied by Original Equipment Manufacturer on Free of Cost: AAR [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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