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Indirect Tax Weekly Digest | 04 May 2021

04 May 2021

Read more about Indirect Tax Legislative, Judicial updates and Foreign Trade Policies in The Indirect Tax Weekly Digest by BDO in India.

This edition of the weekly digest highlights:

  • AAR, Gujarat - ITC availed on business of trading of bullions cannot be used towards discharging GST liabilities on supply of Castor Oil Seeds, as there is no nexus;  
  • AAR, Karnataka - Selling books in non-taxable territory from non-taxable territory and shipping charges collected towards such movement is not liable for GST;
  • AAR, Karnataka - Fees collected by club from its members are out of the ambit of GST.

We hope you find it useful and an interesting read.