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Monday, 3 May 2021

Daily digest for Gupta Chandan & Associates, on May 3, 2021

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posted: "EXCISE/ST/VAT : Remuneration received by appellant from its partnership firm towards certain activities performed in terms of partnership deed was nothing but profit in partnership sharing and same could not be treated as consideration towards provision o"
posted: "The Government has reduced IGST on Import of Oxygen Concentrators for personal use from 28% to 12%. This reduced IGST rate for imports of concentrator for personal use shall be applicable upto the 30/6/21.The Government has reduced IGST on Import of Oxyge"

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