Tag Archives: Duty Paying Scrips

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 »