Laxmi Machinery Store ., In re
Date: January 31, 2019
Subject Matter
Only activities/matters which are either being undertaken or proposed to be undertaken are qualified for advance ruling
Summary
Only activities/matters which are either being undertaken or proposed to be undertaken are qualified for advance ruling. In the instant case as the period of activity is past-period i.e. 2017-18 hence, application is not eligible for advance ruling.
The Issue raised by Shyam Singh Champawat, M/s Laxmi Machinery Store, Station Road, Bhinmal, District – JaIore-343029 {hereinafter the applicant} to pronounce advance ruling falls under ambit of the Section 97(2) (a) and it is given as under:- (d) Admissibility of input tax credit of tax paid or deemed to have been paid; (e) Determination of the liability to pay tax on any goods or services…