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GST - Highlights / Catch Notes

Home Highlights June 2022 Year 2022 This

Levy of GST - valuation - reimbursed amount of Stipend received ...


Industry Partner Stipends to Trainees Exempt from GST as Pure Agent Service; No Taxable Value Inclusion Required.

June 30, 2022

Case Laws     GST     AAR

Levy of GST - valuation - reimbursed amount of Stipend received from Industry Partner to be distributed to the trainees at actuals - pure agent service - the stipend paid by the Industry Partners to the applicant to be further paid to the trainees in full does not attract GST and is not required to be added to the taxable value. - AAR

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