Prag Industries (India) Pvt Ltd ., In re
- Court:
- Authority for Advance Ruling
- Bench:
- Uttar Pradesh
- Date:
- December 4, 2022
- Type:
- Advance Ruling
- Members:
- Vivek Arya, Rajendra Kumar
Subject
GST is not leviable if goods are supplied as free replacements under a guarantee period without any consideration
Summary
The ruling relates to a query about the tax liability under GST when goods are supplied as free replacements under a guarantee period without any consideration. The applicant is engaged in supplying elastomeric pads without any consideration during t…
Judgement
FULL TEXT OF ORDER OF AUTHORITY OF ADVANCE RULING, UTTAR PRADESH 1. M/s Prag Industries (India) Pvt. Ltd., a proprietor, is registered with GST vide GSTIN-09AABCP7647L1ZU under trade name M/s Prag Industries (India) Private Ltd bearing principal address at E-7, Talkatora Industrial Estate, Lucknow Uttar Pradesh-226011 (hereinafter referred as “the applicant”) and are manufacturers and…