Case LawHAR/HAAR/R/2019-20/22
Haryana State Warehousing Corporation ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Haryana
- Date:
- August 28, 2020
- Type:
- Advance Ruling
- Members:
- Sangeeta Karmakar, Madhubala
Subject
Interest charged for delay in delivery of goods is taxable
Classification
Summary
(a) Whether interest charged for delay in delivery of goods is taxable under Section 9 of CGST Act, 2017 or HGST Act, 2017 or exempt under Section 11 of CGST Act, 2017 or HGST Act, 2017. As submitted by the applicant (a) there is a written contract b…
Judgement
Brief submission of the applicant: 1.1 The Applicant is incorporated under Section 18 of the Warehousing Corporations Act, 1962, which is an Act of Parliament. Applicant acts as a procurement agency for and on behalf of the Government of Haryana and Government of India through Food Corporation of India and their agencies. 1.2 The Applicant purchase paddy from the arthias situated at various market…