Shambhu Traders Pvt Ltd ., In re

Date: February 15, 2019

Court: Authority for Advance Ruling
Bench: Rajasthan
Type: Advance Ruling
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Subject Matter

Dealer is entitled to operate under the Margin Scheme in respect of the used lead acid batteries

Margin Scheme

Summary

The Applicant is engaged in the business of selling used lead acid batteries to various manufacturers.  The Applicant purchases these used lead acid batteries from unregistered suppliers in small quantity [50 to 100 kg approximately]. The unregi…

The issue raised by M/s Shambhu Traders Private Limited situated at 41, Large Industrial Area, Kota, Rajasthan 324003 (hereinafter the applicant) is fit to pronounce advance ruling as it falls under the ambit of the Section 97(2) (e), which is given as under : e. determination of the liability to pay tax on any goods or services or both Further, the applicant being a registered person (GSTIN is 08…

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