Spaceage Syntex Pvt. Ltd ., In re
Date: August 6, 2018
Subject Matter
Transfer of DFIA attracts applicable GST as exemption is available only in respect of Duty Credit Scrips such as MEIS, SEIS
Summary
The applicant sought to know whether DFIA ( Duty Free Import Authorisation) will be covered under ‘Duty Credit Scripts’ as envisaged in the Serial No. 122A of Notification 1/2017 Central Tax (Rate) inserted vide Notification No.35/2017-Ce…
The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act”] by M/S. SPACE AGE SYNTEX PVT LTD., the applicant, seeking an advance ruling in respect of the following question. Whether GST is applicable on Sale and/or Purchase of DFIA li…