18% GST payable on supply of de-oiled mahua cake & ITC eligible

In re Indo Prosoya Foods (P) Ltd. (GST AAAR Uttar Pradesh) In view of the foregoing discussion and findings we hereby modify the ruling no. 06 dated 25-05-2018 of the Authority on advance ruling to the extent that- (i) Input Credit attributable to the supply of de-oiled rice bran cake (exempted supply) is to be reversed by the appellant in terms of Section 17(2) of the CGST Act 2017; and (ii) GST @ 18% is payable on supply of de-oiled mahua cake with consequently allowing of input credit in terms of Section 16 of the CGST Act 2017. FULL TEXT OF ORDER OF APPELLATE AUTHORITY OF ADVANCE RULING, U...