Karnani FNB Specialities LLP ., In re
Date: July 31, 2023
Subject Matter
ITC to the extent of turnover that relates to sale of alcoholic liquor for human consumption needs to be reversed. AAR ruling upheld.
Summary
The ruling relates to an appellant who is availing input tax credit for common inputs used both for the supply of services provided at a banquet hall and the services provided at a restaurant where alcoholic liquor for human consumption is supplied.…
FULL TEXT OF THE ORDER OF APPELLATE AUTHORITY FOR ADVANCE RULING,WEST BENGAL 1. This Appeal has been filed by Karnani FNB Specialities LLP (hereinafter referred to as “the Appellant”) on 26.04.2023 against Advance Ruling Order No. 22/WBAAR/2022-23 dated 09.02.2023. pronounced by the West Bengal Authority for Advance Ruling (hereinafter referred to as the 4 WBAAR’). 2. The r…