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The NDA 3.0 government faces an uphill task in simplifying GST rates, a move that analysts warn would increase the cost of living for the poor.
The Bengaluru bench of the Authority of Advance Ruling (AAR) said hostels are not akin to residential dwelling units and hence are not exempt from Goods and Services Tax (GST).
The question before the AAR was whether charging of battery is a supply of goods or a supply of services.
Profisolutions Pvt Ltd, which has its registered office in Karnataka and a branch office in Chennai in Tamil Nadu, had approach the Authority for Advance Ruling (AAR) seeking a ruling on whether the services provided to head office will attract GST.
Jayshankar Gramin Va Adivasi Vikas Sanstha Sangamner, a Charitable trust registered under Maharashtra Public Charitable Trust Act 1950, had approached the Maharashtra bench of the Authority for Advance Ruling (AAR), seeking clarity on whether it is liable to pay GST on the amounts received in the form of donations/grants from various entities, including the central and state governments.
Rajasthan Authority for Advance Ruling rejects contention that the money deposited is not a lease premium but a security deposit. Makes it clear that lease premium deposited by the applicant is a consideration towards leasing services supplied by RLDA
An application was filed before the Maharashtra bench of the AAR to seek advance ruling on whether the services related to providing the coaching for entrance examination will come under the ambit of the Goods and Services Tax (GST).
In an application filed before the Karnataka bench of the AAR, the applicant had sought to clarify whether hotel accommodation and restaurant services provided by them, within the premises of the hotel, to the employees and guests of SEZ units be treated as supply of goods and services.
Satyam‘s Settlement Payments To Aberdeen Not Income
In 2011, Blackstone Mauritius sold 66.29 percent and Barclays Mauritius sold 12.75 percent of equity in SKR BPO to Serco. SKR-owned 100 percent of BPO service provider Intellenet and 20 percent of another BPO Sparsh.
"The Shah report in fact has come out. I believe they have said the Minimum Alternate Tax (for the period before April 1, 2015) issue should be resolved quickly, which I think will be positive for the market...," he told reporters at the launch of 'Innofest' at the Indian Institute of Science here.
Queried over the ongoing MAT row, state minister of finance Jayant Sinha reiterated the government‘s resolve to do away with the contentious minimum alternate tax (MAT) levied on FIIs but added that the government cannot do anything about past cases because the case has reached the judicial branch.
Revenue Secy said that FIIs should look at courts to appeal against the tax rather than seek retrospective waiver.
The Bombay High Court set aside an order by the Authority for Advanced Ruling (AAR) that raised questions whether Sebi guidelines were floudted by Tech Mahindra in order to go public.
2 judgments, one question, several answers and one brand new problem. Forget capital gains, MAT is the new problem for Mauritius based investors! Payaswini Upadhyay summarises the AAR decisions in the Castleton & Smithkline cases.
Vodafone has run into a spot of luck. A recent Authority for the Advance Ruling (AAR) ruling on Quippo Telecom may just provide a boost to Vodafone’s tax fortunes, reports CNBC-TV18’s Ashwin Mohan.
