GST DAILY – 480 : Sale of assets of a company in liquidation by liquidator constitutes a supply of goods/services under GST: AAR
THE AUTHORITY FOR ADVANCE RULING UNDER GST, WEST BENGAL Maheshwary Ispat Ltd., decided on 27-2-2025
Tag: West Bengal AAR
PVC raincoat classified as non-textile, to attract 18% GST, rules WB AAR
PVC raincoat is not a textile product, so it will attract 18 per cent GST, West Bengal’s Authority for Advance Ruling (WBAAR) ruled on the applications filed by Dollar and Aristocrat.
Exemption is not available when the maintenance charges exceed Rs. 7,500/- per month per member
The Authority for Advance Ruling, West Bengal in the case of Prinsep Association of Apartment Owners, In re [Order No.…
GST DAILY – 253
Stay Yourself Updated on GST Credit available on purchase of demo cars used for demonstration purpose: AAR THE AUTHORITY FOR…
Whether ITC is permissible when the payment is settled through book adjustment?
The West Bengal, AAR in the case of Paragon Polymer Products (P.) Ltd., held that the claim of input tax credit by the taxpayer cannot be denied u/s 16(2 of the CGST Act, 2017 when payment is settled through book adjustments because the law has not put any restriction on such adjustments.
Paper Cups would fall under HSN 4823 40 00 and attract GST at the rate of 18 percent
The AAR, West Bengal in the case of In Re. Sekandar Sarkar ruled that, Paper Cups manufactured would fall under HSN 4823 40 00 and attract GST at the rate of 18 percent as the aforesaid goods would fall under Chapter / Heading / Subheading / Tariff item 4823 as specified in entry Sl. No. 157 of Schedule-III of Notification No. 1/2017-Central Tax (Rate) dated June 28, 2017.
GST DAILY – 205
No ITC to be allowed on re-construction, renovation, additions, alterations or repairs which are capitalized in books
Printing and supply of textbooks to the Government department are taxable under GST
Printing and supply of textbooks to the Government department are taxable under GST
ITC is permissible when the consideration is settled via Book Adjustment
The West Bengal, AAR in the case of Paragon Polymer Products (P.) Ltd., held that claiming credit of input tax by the assessee cannot be denied under section 16(2) of the CGST Act when payment is settled through book adjustments because the law has not put any restriction on such adjustments.
ITC is not available in relation to construction of immovable property which is further let out for commercial purpose
The Hon’ble West Bengal Appellate Authority for Advance Ruling in the case of In Re. Bathula Mahesh Babu allowed the appeal filed by the Revenue Department, thereby holding that no ITC is allowed on Input Goods or Services in relation to construction of immovable property which is further let out for commercial purposes.