Midcon Polymers Pvt. Ltd ., In re
Date: September 16, 2020
Subject Matter
Property tax is not deductable from the value of taxable supply of “Renting of Immovable Property” service
Summary
1. It could easily be inferred from Section 15(2) that any taxes, duties, cesses, fees and charges, levied under any law for the time being in force, shall include in the value of taxable supply. In the instant case the property tax is levied, under…
1. M/s Midcon Polymers Pvt. Ltd., (called as the ‘Applicant’ hereinafter), #3, 3rdCross, Lalbagh Road,Near Garuda Maruthi Show Room,Bengaluru-560 027, having User-ID 292000000413AR6 have filed an application for Advance Ruling under Section 97 of CGST Act,2017 & KGST Act, 2017 read with Rule 104 of CGST Rules 2017 & KGST Rules 2017, in form GST ARA-01, discharging the fee…