Case LawAdvance Ruling No. HAR/HAAR/R/2018-19/11
Pasco Motor LLP ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Haryana
- Date:
- August 30, 2018
- Type:
- Advance Ruling
Subject
ITC on goods received shall be available only when the applicant has received the goods
Input Tax CreditTime Of Supply
Summary
Question 1. In case of invoices being raised by supplier in previous month and goods being received in the succeeding month, input tax credit on goods so received shall be available to the applicant, only when applicant has received the goods.…
Judgement
1. M/s Pasco Motor LLP holding GSTN 06AAPFP2919Q1ZH (here-in-after referred to as the applicant), is into the business of “retail trading” of trucks and has made following submissions. 2.1. Situation One: It purchases the goods from M/s Tata Motors Ltd from different locations i.e. Jamshedpur, Lucknow, Pune, etc. The goods remain in transit for roughly five to ten days. The question re…