63 Ideas Infolabs Private Limited ., In re
Date: November 23, 2025
Court: Authority for Advance Ruling
Bench: Gujarat
Type: Advance Ruling
Judge(s)/Member(s): Vishal Malani, Sushma Vora
Subject Matter
Question on Consideration for Export Proceeds Falls Outside AAR Scope
Summary
The Authority for Advance Ruling (AAR) declined to answer the question posed by the applicant, M/s 63 Ideas Infolabs Private Limited, ruling that the core issue—whether the receipt of consideration in the form of non-voting, irredeemable preference s…
FULL TEXT OF THE ORDER OF AUTHORITY FOR ADVANCE RULING, GUJARAT M/s 63 Ideas Infolabs Private Limited, 501, 5th Floor, Shapath 1, S.G. Highway, Bodakdev, Ahmedabad, Gujarat-380054 [for short — ‘applicant’ I is registered under GST and their GSTIN is 24AAACZ8597LIZI. 2. The applicant has stated that they arc engaged in the wholesale business of selling agricultural produce & staples acros…