The Authority of Advance Ruling (AAR) ruled that ‘Licensing services for the right to use minerals including its exploration and evaluation’ is subjected to levy of Goods and Service Tax (GST) @ 5% till December 31, 2018, and thereafter @ 18% under reverse charge basis. The applicant, M/s Cosme Costa and Sons, a partnership firm […]
The post 5% GST applicable on Licensing Services for extraction of Iron till December 2018: AAR [Read Order] appeared first on Taxscan | Simplifying Tax Laws.
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