Saturday, August 1, 2020

Amount received by Telecom operator for early termination of contract is consideration for supply of service: ECJ

GST/EX/ST/VAT/(EU): Amounts received by an economic operator in event of early termination, for reasons specific to customer, of a service contract requiring compliance with a tie-in period in exchange for granting that customer advantageous commercial conditions, must be considered to constitute remuneration for a supply of services for consideration

from www.taxmann.com Latest Case Laws https://ift.tt/2Dm2iaf

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...