Sundaram Finance Limited ., In re

Date: March 31, 2022

Court: Authority for Advance Ruling
Bench: Tamil Nadu
Type: Advance Ruling
Judge(s)/Member(s): T G Venkatesh, K Latha
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Subject Matter

Motor Vehicle Registration fee, Motor Vehicle life Tax and RTO charges form part of the supply of Leasing services

ValuationSupplyPure Agent

Summary

1. The portion of the certain additional services viz,, payment of road tax/registration fees, insurance premium, etc., rendered by the applicant in the course of its Leasing of the vehicle/s to the Lessee and recovered in monthly instalments do not…

M/s. Sundaram Finance Limited, 21, Patullos Road, Chennai 600 002 (hereinafter called the Applicant) is registered under GST Vide GSTIN 33AAACS4944A2ZT. The applicant is a Non-Banking Financial Company having its registered and head office at Chennai and among its other finance services, is also involved in the business of leasing. The Leasing business involves leasing of machineries, commercial v…

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