India: Tax withholding on year-end, GST and composite supplies

India: Tax withholding on year-end, GST

The KPMG member firm in India has prepared reports about the following tax developments (read more at the hyperlinks provided below).


Related content

  • Tax withheld at source on year-end provisions: The Delhi Bench of the Income-tax Appellate Tribunal held that the taxpayer must withhold tax at source on year-end provisions because the payees were identifiable and the provisions were for ascertainable liabilities. The case is: Inter Globe Aviation Ltd. Read a January 2020 report [PDF 277 KB]

  • Appeal can be filed directly to CIT(A): The Agra Bench of the Income-tax Appellate Tribunal held that findings (an intimation) issued by the Centralised Processing Centre is an appealable order. The case is: Dixit Rice Mill. Read a January 2020 report [PDF 321 KB]

  • Supply of medical instruments and reagents: The High Court of Kerala quashed an order of the Authority for Advance Ruling (AAR) that had found that placement of a medical instrument and supplies of reagents, calibrators, disposables, etc., was a “composite supply” for purposes of the goods and services tax (GST). Medical devices are subject to a higher rate of GST than are reagents. The court disagreed, and remanded the case back to the AAR. Read a January 2020 report [PDF 307 KB]

The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organization. KPMG International Limited is a private English company limited by guarantee and does not provide services to clients. No member firm has any authority to obligate or bind KPMG International or any other member firm vis-à-vis third parties, nor does KPMG International have any such authority to obligate or bind any member firm. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. For more information, contact KPMG's Federal Tax Legislative and Regulatory Services Group at: + 1 202 533 4366, 1801 K Street NW, Washington, DC 20006.

Connect with us


Want to do business with KPMG?


loading image Request for proposal