Application being withdrawn voluntarily and unconditionally.
Advance Ruling— Section 97 of CGST Act— The present application has been filed by the applicant, seeking an advance ruling in respect of the following question.
Prior to appointed date, the applicant was also registered under service tax as well as VAT. National Highway Authority of India in short) invited proposals for development, maintenance and management of National Highway NO. 3 from 380 km to 440 km of NH No. 03. Finally the tender was awarded to the applicant for construction of said road vide NHAI letter dt. 01.05.2017. Activity to construct public road was exempted for service tax vide notification No. 25/2012-Service Tax, dated 20th June 2012 When contract was awarded on VAT was payable @5% under composition scheme of VAT. The Contract price was including of VAT. Thus, on a contract price of Rs. 65,90,98,099.67/-, payable VAT tax was Rs. 3,13,85,623.23/- considering taxable value as Rs. 62,77,12,475.88 Crucial fact is that entire construction of road was started after 01.07.2017 i.e. during GST regime. In above scenario, what will be transaction value u/s 15 of the Act on which GST be charged to NHAI? Rs. 62,7712,475/- or 65,90,98,099.67/-?
The applicant has requested that they may be allowed to voluntarily withdraw their subject application.
Held that— The Application is disposed of, as being withdrawn voluntarily and unconditionally.
Application being withdrawn voluntarily and unconditionally.
Advance Ruling— Section 97 of CGST Act— The present application has been filed by the applicant, seeking an advance ruling in respect of the following question.
Prior to appointed date, the applicant was also registered under service tax as well as VAT. National Highway Authority of India in short) invited proposals for development, maintenance and management of National Highway NO. 3 from 380 km to 440 km of NH No. 03. Finally the tender was awarded to the applicant for construction of said road vide NHAI letter dt. 01.05.2017. Activity to construct public road was exempted for service tax vide notification No. 25/2012-Service Tax, dated 20th June 2012 When contract was awarded on VAT was payable @5% under composition scheme of VAT. The Contract price was including of VAT. Thus, on a contract price of Rs. 65,90,98,099.67/-, payable VAT tax was Rs. 3,13,85,623.23/- considering taxable value as Rs. 62,77,12,475.88 Crucial fact is that entire construction of road was started after 01.07.2017 i.e. during GST regime. In above scenario, what will be transaction value u/s 15 of the Act on which GST be charged to NHAI? Rs. 62,7712,475/- or 65,90,98,099.67/-?
The applicant has requested that they may be allowed to voluntarily withdraw their subject application.
Held that— The Application is disposed of, as being withdrawn voluntarily and unconditionally.