TMI BlogProfit-Sharing on Actionable Claims Excluding Lottery, Betting, Gambling Not Subject to GST Under CGST/SGST Rules.Liability of GST - Profit Sharing Agreement - activities or transactions is in nature of actionable claims other than lottery, betting, gambling which are treated neither as a supply of goods nor a supply of services - do not attract GST as per CGST or SGST ..... X X X X Extracts X X X X X X X X Extracts X X X X
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