Brief: Marine Electricals (India) Says Co Has Paid GST Due On Sale Of Solar Equipment As Per Rates Defined In Goa Where Facilities Are Situated

Marine Electricals (India)

18/10/2023 08:11

Oct 18 (Reuters) - Marine Electricals (India) Ltd
 MARN.NS :
    * CO HAS PAID GST DUE ON SALE OF SOLAR EQUIPMENT AS PER
RATES
DEFINED IN GOA WHERE FACILITIES ARE SITUATED
    * SALE WAS TO PARTY SITUATED IN TAMILNADU STATE AND POINT OF
SALE
WAS GOA STATE
    * NOTICE RECEIVED FROM GST DEPARTMENT SAYS, CO SHOULD HAVE
PAID
STATE GST IN TAMILNADU AND NOT INTER- STATE GST
    * CO IS ADVISED BY ITS LAWYERS THAT PROCEDURE FOLLOWED BY CO
IS
CORRECT
    * CO HAS MADE FULL PAYMENT OF GST AS PER LAW AND NO DUES ARE
PAYABLE

Source text for Eikon:  ID:nNSEc6jzPY 
Further company coverage:  MARN.NS 

 ((Reuters.Briefs@thomsonreuters.com;))