Attica Gold Private Limited ., In re

Date: October 27, 2022

Court: Authority for Advance Ruling
Bench: Karnataka
Type: Advance Ruling
Judge(s)/Member(s): Kiran Reddy, Ravi Prasad
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Subject Matter

Applicant under Marginal Scheme can claim ITC on the expenses like Rent, advertisement expenses, commission, Professional expenses

Input Tax CreditMargin Scheme

Summary

Q1. Whether Applicant who is under Marginal Scheme can claim Input Tax Credit on the expenses like Rent, advertisement expenses, commission, Professional expenses and other like expenses? There is no bar on the registered tax payer to claim input tax…

M/s. Attica Gold Private Limited, No. 11/4, Ground Floor, Queen’s Road, Bengalur-560001 (hereinafter referred to as The applicant’), having GSTIN 29AANCA2059B1ZS have filed an application for Advance Ruling under Section 97 of CGST Act, 2017 read with Rule 104 of CGST Rules, 2017 and Section 97 of KGST Act, 2017 read with Rule 104 of KGST Rules, 2017, in FORM GST ARA-01 discharging the…

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