IGST Liability for Goods Sold from FTWZ Premises: AAR allows Withdrawal of application

In re Murata Electronics (India) Private Limited (GST AAR Tamilnadu) In the case of In re Murata Electronics (India) Private Limited, Advance Ruling No. 18/ARA/2024, the Authority for Advance Ruling (AAR) in Tamil Nadu received a request from Murata Electronics to clarify whether the Integrated Goods and Services Tax (IGST) is applicable on the sale of goods warehoused in a Free Trade and Warehousing Zone (FTWZ) to customers in India, prior to their clearance for home consumption. Murata Electronics, a subsidiary of Murata Electronics Singapore, imports electronic components to sell in India. ...