AAR Declines GST Ruling on Preference Shares as Export Consideration

In re 63 Ideas Infolabs Private Limited (GST AAR Gujarat) M/s 63 Ideas Infolabs Private Limited, a GST-registered company based in Ahmedabad, Gujarat, operates a wholesale business in agricultural produce and staples across 16 states and UTs in India. The company has developed a supply chain management (SCM) platform accessible via its website and mobile app, connecting farmers, producers, and brands with retailers to facilitate bulk sales of agricultural products. The applicant proposed to enter into an agreement with an overseas client to customize its SCM platform to meet specific requireme...