Advance Ruling — Applicant  have preferred an application seeking Advance Ruling on the following questions.
i. Whether amortization of value of free tools/ dies received form customer to be included for valuation of goods or not?
ii. If the GST is applicable on the amortized value, what is the procedure for calculating the GST and reflecting the same in GST invoice format
iii. How to declare the transactions in GSTR-1 & GSTR -3 and GSTR-3B
Held that :- The applicant vide their letter dated 09.08.2018 has referred to the PH posted on 07.08.2018 in connection with the subject application seeking a ruling on the aspect of amortization. They have stated that subsequent to their application, a circular No.47/21/2018GST dated 08.06.2018 has been issued by CBIC which has effectively clarified various aspects of the question of amortization and has also answered the question whether free usage of moulds and dies owned by OEM is liable to GST in the hands of recipient. As the query is clarified by CBIC, they requested that the application be treated as withdrawn. [2018] 3 TAXLOK.COM 084 (AAR-Tamil Nadu)