Kolte Patil Developers Ltd ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Maharashtra
- Date:
- September 24, 2018
- Type:
- Advance Ruling
Subject
AAR cannot decide whether ITC of Service Tax and State VAT paid while booking of flat is available to the Developer, if cancelled in GST regime
Summary
The applicant sought to know whether GST input tax credit of Service Tax and State VAT paid while booking of flat is available to the Developer, if cancelled in GST regime? What will be the methodology to avail Input Tax Credit on the said taxes paid…
Judgement
The present application has been filed under section 97 of the Central Goods and Services Tax Act, 2017and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act”] by KOLTE PATIL DEVELOPERS LTD, the applicant, seeking an advvance ruling in respect of the following questions:- What is the legal procedure for cancellation of flat whi…