Only supplier of services can file Application for Advance Ruling: AAR Uttar Pradesh

In re Lavish Buildmart Pvt. Ltd. (GST AAR Uttar Pradesh) Introduction: Lavish Buildmart Pvt. Ltd., with its registered office at Windsor Grand, Noida, filed an application for GST advance ruling concerning the tax liability on lease premium. This article provides an in-depth analysis of the ruling under Section 98(4) of the CGST Act, 2017, and Section 98(4) of the UPGST Act, 2017. Background: The applicant, registered under the CGST and UPGST Acts, submitted an E-bid for the development of a commercial complex/project in Sector 94, NOIDA. The NOIDA Authority allotted a plot on a leasehold basi...