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Sale of Focus License

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bhawna kumari

25 Points Posted on 07 March 2020

Sale of focus license or any license provided for facilitate import of goods will be Nil rated or exempted under Gst?

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Quick Summary

This discussion clarifies the GST treatment of focus licences, which are used to facilitate the import of goods. The core question is whether such licences are considered Nil rated or exempt supplies under the GST regime. The response aims to provide a definitive answer regarding their tax status.