April 2023 (Week 3)

GST NEWS BULLETIN

Transaction of Transfer/Sale of one of the independent running business divisions attracts 18% GST

AAR The Karnataka Authority for Advance Ruling (AAR) has held that the transfer or sale of one of the independently running business divisions attracts 18% GST. The two-member bench of M.P. Ravi Prasad and Kiran T. Reddy has observed that the transaction of transfer or sale of one of the independent running business..

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