Specsmakers Opticians Private limited ., In re
- Court:
- Appellate Authority for Advance Ruling
- Bench:
- Tamil Nadu
- Date:
- November 13, 2019
- Type:
- Advance Ruling
- Members:
- M Ajit kumar, T V Somanathan
Subject
When the supply is to the distinct person and the recipient is eligible for full ITC, the second proviso to Rule 28 independently provides the value. AAR ruling set aside.
Summary
The issue relates to determination of value to be adopted in respect of supply to distinct persons of the appellant in the course of business. The AAAR ruled that When an ‘Open Market Value’ is available, sub-rule (b) and ( c) of Rule 28…
Judgement
The subject appeal has been filed under Section 100(1) of the Tamil nadu Goods & Services Tax Act 2017 / Central Goods & Services Tax Act 2017 by M/s. Specsmakers Opticians Pvt Ltd (hereinafter referred to as ‘Appellant’). The appellant is registered under GST vide GSTIN 33AAPCS6371Q1ZH. The appeal is filed against the Order No. 27/AAR/2019 passed by the Tamilnadu State Authori…