Indirect Tax Weekly Digest | 24 March 2020
24 March 2020
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, Tamil Nadu - No physical movement, mere transfer of title in moulds from supplier to the recipient is liable to levy of GST;
- AAR, Maharashtra - Sale of Transferable Development Rights (TDR) or Floor Space Index ('FSI) received as a consideration for surrendering the rights in land in terms of Development Control Regulations is taxable at 18%;
- CESTAT, New Delhi - Refund should be given as payment even if the duty paid by Duty Entitlement Passbook (DEPB) scrips.
We hope you find it useful and an interesting read.