MEIS Licenese

Anurag (34 Points)

06 December 2019

whether sale of meis license is taxable @ 12 percent

please clarify

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4 Replies

Mahesh Lad (7 Points)
Replied 06 December 2019

Meis licence is nil rated

1 Like

Raksha (Student CA Final ) (397 Points)
Replied 06 December 2019

No sale of MEIS licence is not taxable under section 12 . GST is not leviable on the same

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Pankaj Rawat (GST Practitioner) (55032 Points)
Replied 06 December 2019

As per Circular 46/20/2018 GST :
Other then duty Credit Scrips are attract 12% GST & Duty credit Scrips are exempted

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faruk khan (JALORE) (68 Points)
Replied 08 December 2019

Hey anurag . Nill rated

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