News Details- (Get Professional Updates on Whatsapp, Msg on
8285393786) More
News
Treated and purified sewage water for industrial use to attract 18 pc GST - AAR
PrintTreated and purified sewage water is classified as 'water' under the GST Act and its supply for industrial use would attract an 18 per cent tax, the Authority for Advance Ruling (AAR) has said.
Nagpur Waste Water Management Pvt Ltd had approached the Maharashtra bench of AAR seeking a ruling on whether 'tertiary treated water' supplied by it to the Maharashtra State Electricity Generating Co Ltd (MAHAGENCO) is taxable under the GST law.
The AAR observed that the water supplied by the company to MAHAGENCO is obtained after treatment of sewage water and is not potable.
It noted that the applicant removes contaminants from sewage water, thus purifying it and making it useful for industrial purposes. Hence supply of 'tertiary treated water' to MAHAGENCO is taxable.
"We conclude and hold that the purified 'tertiary treated water' is covered under Entry no 24... the water obtained from sewage is covered under term waters. Hence it is taxable at 18 per cent (9 per cent SGST and 9 per cent Central GST)...," the AAR ruled.
Under GST, drinking water packed in 20 litres bottles are liable to 12 per cent tax and waters, including natural or artificial mineral waters and aerated water, not containing added sugar or other sweetening matter are taxed at 18 per cent.
Nagpur Waste Water Management Pvt Ltd had approached the Maharashtra bench of AAR seeking a ruling on whether 'tertiary treated water' supplied by it to the Maharashtra State Electricity Generating Co Ltd (MAHAGENCO) is taxable under the GST law.
The AAR observed that the water supplied by the company to MAHAGENCO is obtained after treatment of sewage water and is not potable.
It noted that the applicant removes contaminants from sewage water, thus purifying it and making it useful for industrial purposes. Hence supply of 'tertiary treated water' to MAHAGENCO is taxable.
"We conclude and hold that the purified 'tertiary treated water' is covered under Entry no 24... the water obtained from sewage is covered under term waters. Hence it is taxable at 18 per cent (9 per cent SGST and 9 per cent Central GST)...," the AAR ruled.
Under GST, drinking water packed in 20 litres bottles are liable to 12 per cent tax and waters, including natural or artificial mineral waters and aerated water, not containing added sugar or other sweetening matter are taxed at 18 per cent.
Category : GST | Comments : 0 | Hits : 381
Get Free Daily Updates Via e-Mail on Income Tax, Service tax, Excise and Corporate law
Search News
News By Categories More Categories
- Income Tax Dept serves notices to salaried individuals for documentary proof to claim exemptions
- Bank Branch Audit 2021 - Update on allotment of Branches
- Bank Branch Audit 2020 Updates
- Bank Branch Audit 2021 Updates
- Bank Branch Audit 2020 - Update on Allotment of Branches
- Police Atrocities towards CA in Faridabad - Its Time to be Unite
- Bank Branch Statutory Audit Updates 2019
- Bank Branch Statutory Audit Updates
- Bank Branch Audit 2022 Updates
- Bank Branch Statutory Audit Updates
- NFRA Imposes Monetary penalty of Rs 1 Crore on M/s Dhiraj & Dheeraj
- ICAI notifies earlier announced CA exam dates despite pending legal challenge before SC
- NFRA debars Auditors, imposes Rs 50 lakh penalties for lapses in Brightcom, CMIL cases
- GST Important Update - Enhancement in the GST Portal
- NFRA Slaps Rs 5 lakh Penalty on Audit Firm for lapses in Vikas WSP Audit Case
- CBDT extends due date for filing Form 10A/10AB upto 30th June, 2024
- RBI comes out with FEMA regulations for direct listing on international exchange
- RBI directs payment firms to track high-value, fishy transactions during elections
- NCLT orders insolvency proceedings against Subhash Chandra
- Income Tax dept starts drive to dispose of appeals, 0.54 million at last count
- Payment of MCA fees –electronic mode-regarding
- Budget '11-12' Parliament Completes Approval Exercise
- Satyam restrained from operating its accounts
- ICICI a foreign firm, subject to FDI norms: Govt
- Maha expects Rs 15 crore entertainment tax revenue from IPL
- CAG blames PMO for not acting against Kalmadi
- No service tax on visa facilitators: CBEC
- Provision of 15-minutes reading and planning time allowance to the candidates of Chartered Accountants Examinations
- Companies Bill to be taken up in Monsoon Session
- File Service Tax Return in time as Maximum Penalty increased 10 times to Rs. 20000
Comments