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Indirect Tax Weekly Digest | 10 February 2021

10 February 2021

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-Odisha – Amount received as ‘Subsidy’ in lieu of consideration shall be liable to GST at the applicable tax rate
  • AAAR-Karnataka - Business promotion services provided by a medical practitioner to foreign entities qualifies as ‘taxable supply’ at 18%
  • AAR-Gujarat- GST is applicable on advance money forfeited on account of sale of land as the same constitutes ‘Toleration of an Act’

We hope you find it useful and an interesting read.