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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Informative
Interest Charges to be Treated as Inward Supply for Calculating 80% Threshold Limit under GST: AAR
Financial ManagementGST
The AAR clarified that interest charges are to be treated as inward supply when calculating the 80% threshold limit for GST applicability. This ruling impacts businesses involved in financial transactions, ensuring that interest payments are considered part of their taxable inward supply for the purpose of determining the GST registration threshold.
