12 August 2024


News

CBEC: Royalty Paid to Govt for Right to Use Natural Resources Subject to GST Under RCM - 22.08.2017

Central Board of Excise and Customs (CBEC) has clarified that license fee, lease charge, royalty etc paid to Government for assigning right to use natural resources are subject to Goods and Services Tax (GST) under reverse charge.

Tags : Goods and Services Tax (GST) One-Nation_One-Tax

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