Prasulnfrabuild Private Limited ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Uttar Pradesh
- Date:
- December 14, 2020
- Type:
- Advance Ruling
- Members:
- Abhishek Chauhan, Dinesh Verma
Subject
AAR cannot rule on entitlement to GST refund if amount is not adjustable from future liability of GST
Summary
Question No. 1 If any Flat buyer otherwise qualified to get lower rate of GST under CLSS Scheme, get interest Subvention certificate and/or Interest subsidy in his / her bank account after:- 3.1 Tower / Building get Completion Certificate from Compet…
Judgement
1. M/s Prasulnfrabuild Private Limited, GH-OB, Sector-16B, Greater Noida (West), Gautam Budh Nagar-201308 (hereinafter referred to as the applicant) is a registered assessee under GST having GSTN: 09AAGCP9220N1ZW. 2. The applicant is engaged in Real estate activities with own or leased property, including buying, selling, renting and operating of self-owned or leased real estate such as apartment…