Cotton Stored by CCI in Warehouses taxable @ 18% GST

In re Kakkirala Ramesh (GST AAR Tealangana)  Appellant has sought an advance ruling on whether the Godown Rent collected from the Cotton Corporation of India (CCI) is exempted as per the Notification 21/2019 – Central Tax (Rate)  (NN. 21/2019) dated September 30, 2019 read with the Circular No.16/16/2017-GST dated November 15, 2017. The Honorable Telangana State Authority of Advance Ruling (“AAR”) noted that the CCI has purchased raw cotton from farmers in the primary market and then processed it in ginning mills on a job work basis. CCI has paid tax on ginning and pressing to ...