Sanghvi Movers Limited ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Tamil Nadu
- Date:
- June 21, 2019
- Type:
- Advance Ruling
Subject
Where payments are netted off against receivables, the recipient will not be eligible for full ITC as they are not paying the full amount to their supplier.
Summary
The customer has placed a service order for Crane hiring, based on which the applicant(SML) has placed a work order on SML(HO-> Head Office) and Tax invoice is raised by SML(HO) on the applicant and thereupon by the applicant on the customer. The…
Judgement
M/s. Sanghvi Movers Limited 121, Chembarambakkam, Chennai-Bangalore Road, Poonamallee, Chennai, TamilNadu. 600 123 (hereinafter referred to as ‘Applicant’) is a branch office of Sanghvi Movers Limted (hereinafter referred to as SML), a public Limited Company engaged in the business of providing medium-sized heavy-duty cranes on rental/lease/hire basis to clients without transferring th…