The U.S. Environmental Protection Agency has recently taken several important steps to address hazards posed by per- and polyfluoroalkyl substances, known generically as "PFAS".
The Central Board of Indirect Taxes and Customs (CBIC) has clarified that whenever electricity is being supplied bundled with renting of immovable property and/or maintenance of premises it forms a.
Some experts say they do not see any material change from the GST standpoint post the CBIC clarification. However, in instances relating to renting of commercial spaces, if the electricity is being charged on a cost to cost basis (with adequate justification), then a position may be taken to not levy GST on such amount
Real estate cos, malls, airport operators to be taxed for supplying electricity with rent: CBIC thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.