FTWZ Goods Transfer Covered Under Schedule III & Non-Taxable: TN AAR

In re Haworth India Private Limited (GST AAR Tamilnadu)  Tamil Nadu Authority for Advance Ruling (AAR) ruled on a GST matter involving Haworth India Private Limited, which sought clarity on the taxability of transactions conducted in a Free Trade Warehousing Zone (FTWZ). The company, engaged in manufacturing and sales of office furniture, planned to operate an import and resale model through FTWZ for operational efficiency. It sought an advance ruling on whether transferring the title of goods within the FTWZ would be considered a bonded warehouse transaction under Schedule III of the CGST Ac...