Tag Archives: AAAR

No GST on sale or purchase of DFIA (Duty Paying Scrips) : AAAR

By | April 29, 2019

we conclude that the DFIA, also popularly known as duty paying scrips in the trade parlance, is equivalent to the duty credit scrips, as far as the tax treatment thereon, are concerned and accordingly, there will be nil rate of GST on the sale or purchase of DFIA as provided in Sr. 122A of the… Read More »

Back office support services to overseas clients are not Export of Service , Pay GST : AAAR

By | April 27, 2019

Facts of the Case : The company is incorporated to provide back office support services to overseas companies (hereinafter referred to as ‘Clients’). services being offered by Appellant is a package of services, which is nothing but a composite supply, of which the principal supply is that of intermediary services. Appellant have misconstrued the definition… Read More »