Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Labour Laws
06/09/20264 min read
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5% GST Leviable on Specific Essential Inputs including equipment, material, consumables, tools etc., Purchased Domestically or Imported for Ship
GST
The Authority for Advance Rulings (AAR) has ruled that a 5% GST is applicable to specific essential inputs such as equipment, materials, and tools used in ship manufacturing. This decision supports the Indian shipbuilding industry by maintaining a reduced tax rate on crucial inputs, aiding competitiveness in global markets.
