Case Law Details
Case Name : In re Kanahiya Realty Private Limited (GST AAR West Bengal)
Related Assessment Year :
Courts :
AAR West Bangal Advance Rulings
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
In re Kanahiya Realty Private Limited (GST AAR West Bengal)
(i) Supply of goods at nominal price to retailers against purchase of specified units of hosiery goods pursuant to a promotional scheme would qualify as individual supplies taxable at the rates applicable to each of such goods as per section 9 of the GST Act.
(ii) Credit of the input tax paid on the items being sold at nominal prices would be available to the applicant.
FULL TEXT OF THE ORDER OF AUTHORITY OF ADVANCE RULING, WEST BENGAL
1.1 At the outset, we would like to make it clear that the provisions of the Central Goods and Serv...
This is premium content. Please become a Premium member. If you are already a member, login here to access the full content.
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.
I think if valuation rules are apply the whole scheme will be nullified and the supplier will be reqd to pay tax on such promotional items at mafket value.But why the AAR has just discussed this point and made a part of their ruling.
promitional items at higher value.