MEK Peripherals India Pvt Ltd ., In re
Date: June 13, 2023
Subject Matter
‘Incentives’ received from non-suppliers cannot be treated as Trade Discount. AAR ruling upheld.
Summary
The ruling discusses an appeal filed by an appellant regarding an Advance Ruling passed by the MAAR (Maharashtra Authority for Advance Ruling). The MAAR had held that the incentive received by the appellant from Intel India Pvt. Ltd. (IIUL) under the…
FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR ADVANCE RULING, MAHARASHTRA 1. At the outset, we would like to make it clear that the provisions of both the CGST Act and the MGST Act are the same except for certain provisions. Therefore, unless a mention is made in respect of such dissimilar provisions, a reference to the CGST Act would also mean a reference to the same provisions under the MGST…