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
By Varsha Chandran - On October 8, 2024 1:06 pm - 2 mins read
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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