Bansal Industries ., In re
Date: November 9, 2022
Subject Matter
Purchase of raw cotton from the agent of the agriculturist attracts GST under reverse charge mechanism
Summary
The case law discusses the liability to pay GST under reverse charge mechanism in the context of the purchase of raw cotton by the applicant from Kacha Arhtia, who acts as an agent under the Punjab Agricultural Produce Markets Act, 1961. The case ana…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, DELHI PUNJAB 1. M/s. Bansal Industries, as detailed in the table above and hereinafter referred to as ‘applicant’, had submitted an application for advance ruling in form GST ARA-01 dated 22.02.2019 seeking to know whether Purchase of raw cotton from Kacha Arhtia who is a registered dealer constitutes a purchase from agricul…