AAAR refers ruling back to AAR for lacking comprehensive assessment 

In re Anmol Industries Limited (GST AAAR West Bangal) The appeal revolves around Anmol Industries Limited’s leasing agreement with Shyama Prasad Mukherjee Port, Kolkata, seeking exemption under entry 41 of Notification No. 12/2017 Central Tax (Rate) dated 28.06.2017. The WBAAR denied exemption, triggering the appeal process. The crux of the matter lies in determining whether SMPK qualifies as an entity with 20% or more ownership of the Central Government, a prerequisite for exemption. Anmol Industries Limited contends that SMPK’s control by the Central Government makes it eligible ...