Holding shares of subsidiary not liable to GST, says CBIC https://ift.tt/kpE6wWB The Central Board of Indirect Taxes and Customs (CBIC) Monday came up with a series of clarifications including on the much disputed Input service distributor (ISD) mechanism and the cross charge for internally generated services.
Monday, July 17, 2023
Holding shares of subsidiary not liable to GST, says CBIC
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