Panasonic liable to Reverse GST ITC on Supply of Goods before Clearance for Home Consumption: AAR [Read Order]

AAR ruled Panasonic to reverse GST ITC on Supply of Goods before Clearance for Home Consumption
AAR - GST - ITC - Panasonic - GST ITC reversal - GST ITC on home consumption - taxscan

In a recent ruling of Authority for Advance Ruling ( AAR ) the Panasonic Life Solutions India Pvt. Ltd. was held liable to reverse GST ITC on Supply of Goods before Clearance for Home Consumption. The Applicant M/s Panasonic Life Solutions India Pvt Ltd. as part of their trading business had executed an  agreement with…

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