Indirect Tax Weekly Digest | 12 September 2023
12 September 2023
Read more about Indirect Tax Legislative and Judicial updates and Foreign Trade Policies in ‘The Indirect Tax Weekly Digest’ by BDO in India.
- AAR Gujarat - Input Tax Credit is restricted under Section 17(5)(d) of the CGST Act on leasehold rights of land procured for setting up/expanding the manufacturing facility.
- AAR Karnataka - Incentives to dealers under promotional schemes are not gifts, constitute a supply and are leviable to GST.
- CESTAT Chennai - Incentives/discounts from Original Equipment Manufacturers (OEM) and reimbursement of advertisement expenses are not leviable to levy of Service tax.
We hope you find it useful and an interesting read.