AAR directed to issue necessary ruling after hearing appellant on fresh issue: AAAR
- Blog|News|GST & Customs|
- < 1 minute
- By Taxmann
- |
- Last Updated on 11 May, 2022
Latest from Taxmann
Case Details: Appellate Authority for Advance Ruling, Andhra Pradesh Fairmacs Ship Stores (P.) Ltd., In re - [2022] 137 taxmann.com 492 (AAAR - Andhra Pradesh)
Judiciary and Counsel Details
-
- Y.S. Shahrawat & J. Syamala Rao, Member
- K.V.G.L.N. Sastry for the Applicant.
Facts of the Case
The appellant was importing goods from foreign countries and units established by foreign manufacturers located in Special Economic Zones and would be supplying goods to merchant vessels on foreign run, Indian Naval Ships and Indian Coast Guard Ships. It filed application for advance ruling to determine eligibility of exemption from GST on supply made by it.
AAR Held
The Authority for Advance Ruling (AAR) held that appellant was not exempted from tax under GST on its outward supplies made to Ocean going merchant vessels on foreign run, Indian Naval Ships and Indian Coast Guard Ships. It filed appeal against the order. In appeal before Appellate Authority for Advance Ruling (AAAR), the appellant raised a new issue to decide whether transactions made by it would be export (zero rated) or not. The AAAR observed that a new issue has been raised by the appellant and it directed the AAR to issue necessary ruling after hearing the appellant afresh, and taking a holistic view of the it’s plea.
Disclaimer: The content/information published on the website is only for general information of the user and shall not be construed as legal advice. While the Taxmann has exercised reasonable efforts to ensure the veracity of information/content published, Taxmann shall be under no liability in any manner whatsoever for incorrect information, if any.
Taxmann Publications has a dedicated in-house Research & Editorial Team. This team consists of a team of Chartered Accountants, Company Secretaries, and Lawyers. This team works under the guidance and supervision of editor-in-chief Mr Rakesh Bhargava.
The Research and Editorial Team is responsible for developing reliable and accurate content for the readers. The team follows the six-sigma approach to achieve the benchmark of zero error in its publications and research platforms. The team ensures that the following publication guidelines are thoroughly followed while developing the content:
- The statutory material is obtained only from the authorized and reliable sources
- All the latest developments in the judicial and legislative fields are covered
- Prepare the analytical write-ups on current, controversial, and important issues to help the readers to understand the concept and its implications
- Every content published by Taxmann is complete, accurate and lucid
- All evidence-based statements are supported with proper reference to Section, Circular No., Notification No. or citations
- The golden rules of grammar, style and consistency are thoroughly followed
- Font and size that’s easy to read and remain consistent across all imprint and digital publications are applied
Sign Up
To subscribe to our weekly newsletter please log in/register on Taxmann.com
Latest Books
Everything on Tax and Corporate Laws of India
To subscribe to our weekly newsletter please log in/register on Taxmann.com
