Differential Dealer Margin provided by Petroleum Companies to Retail Dealers Deemed Taxable Supply of Service, 18% GST Applies: AAR [Read Order]
The Kerala AAR has ruled that differential dealer margins provided by petroleum companies to retail dealers are taxable under GST at 18% as the same is covered under taxable supply of service
By Devanand T R - On August 8, 2024 12:39 pm - 2 mins read
The Kerala Authority for Advance Rulings ( AAR ) has clarified that the differential dealer margin provided by petroleum companies to their retail dealers constitutes a taxable supply of service under the Goods and Services Tax ( GST ) regime, taxable at the rate of 18%. The ruling came in response to an application filed…
Your free access to Taxscan has Expired
To read the article, get a premium account.
Taxscan Premium
Why should you subscribe?
Enjoy our website without interruptions from advertisements
Receive Daily newsletters
Receive realtime Telegram/Whatsapp news updates
Download original Judgements / Order / Notifications / Circulars, etc