Bharatiya Reserve Bank Note Mudran (P) Limited ., In re
Date: July 6, 2022
Subject Matter
Advance ruling can be given on question relating to claim of ITC on Common Services as it falls under Section 97(2)(d)
Summary
We modify the order No. KAR ADRG 06/2022 dated 8th March 2022 passed by the Advance Ruling Authority as follows: The question “Whether ITC can be claimed on common services which are utilized for both taxable as well as exempted supplies?&rdquo…
1. At the outset we would like to make it clear that the provisions of CGST, Act 2017 and SGST, Act 2017 arc in pari materia and have the same provisions in like matter and differ from each other only on a few specific provisions. Therefore, unless a mention is particularly made to such dissimilar provisions, a reference to the CGST Act would also mean reference to the corresponding similar provis…