GST LIABILITY
hp samantrai (217 Points)
13 September 2020Kya factory license fee/renewal fee pe GST applicable hoga ?
hp samantrai (217 Points)
13 September 2020
prasad Nilugal
( GST Practitioner & Accounts )
(14599 Points)
Replied 13 September 2020
As per section 7 (1) (a) of the CGST act 2017 license is treated as supply , if it is for consideration and in the course of furtherance of Business , so GST applicable on Licence fees .
please confirm with others also .
hp samantrai
(217 Points)
Replied 13 September 2020
GSTR 9 and 9C for FY 23-24 as amended by Notification 12/2024 dated 10th July 2024(with recording)