Friday, April 24, 2020

5% GST applicable on Leasing of Satellite Transponder: AAR [Read Order]

The authority of Advance Ruling (AAR) ruled that @5% Goods and Service Tax (GST) applicable to the leasing of satellite transponder and not on the leasing of satellite transponder services. The applicant, M/s New Space India Limited is a commercial arm of Indian Space Research Organisation (ISRO) and is a Government of India Company (CPSE) […]

from Taxscan | Simplifying Tax Laws https://ift.tt/3eNm6RX

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