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Indirect Tax Weekly Digest | 10 August 2022

10 August 2022

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 Andhra Pradesh - Supply made in course of business is liable to GST even if made with NIL monetary benefit
  • AAAR-Madhya Pradesh - No ITC shall be claimed on lift procured and installed in hotel building
  • Clarification on applicability of GST on Liquidated Damages, Compensation and penalty arising out of breach of contract or other provisions of law

We hope you find it useful and an interesting read.