In Shri Kottoor Mathew Jose Mathew, M/s. Jose Matthew and Co. [Advance Ruling No. KER/123/2021 dated May 31, 2021], Shri Kottoor Mathew Jose Mathew (Applicant) has sought an advance ruling on the following issues:
The Hon’ble Kerala Authority for Advance Ruling (AAR) noted from the facts submitted by the Applicant, it is seen that the discount received through credit note is a post supply discount. The applicant has not disclosed whether the discount is established through an agreement at or before the time of supply. Neither has the Applicant mentioned any details pertaining to the agreement nor the credit note in question.
It further noted that some of these issues are not dealt under Section 97(2) of the Central Goods and Services Act, 2017 (“CGST Act”). With respect to the same, it stated that the Authority being a creature of statute has to function within its jurisdiction authority.
Therefore, the authority due to the issues not being covered under the relevant provisions and due to absence of necessary information, cannot issue any ruling in the said matter.
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