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GST Council likely to take up taxation of perquisites, interest computation on delayed payment

Sumary of GST Council likely to take up taxation of perquisites, interest computation on delayed payment:

  • Interestingly, the Central Board of Indirect Taxes & Custom (CBIC), in a press release dated July 10, 2017, had said services give by a worker to the leader in relation to his state are outside the scope of GST (neither supply of goods or supply of services).

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