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Indirect Tax Weekly Digest | 25 November 2020

25 November 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-Karnataka – Consideration received on sale of flats received after the issuance of completion certificate is exempted from GST
  • AAAR-Karnataka - The sale of Micafungin Sodium by DTA unit is eligible for concessional rate of GST at 5%
  • AAAR-West Bengal- Services provided by Indian branch on behalf of its foreign entity is an import of service

We hope you find it useful and an interesting read.