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2024 (2) TMI 230 - AUTHORITY FOR ADVANCE RULING, KARNATAKAScope of Advance Ruling - Levy of GST - revenue sharing scenarios between joint bidders/partners - privity of contract between TMC and M/s Vistar AEC Consultants LLP - HELD THAT:- It is observed from the agreement of 'Contract for Services' between M/s Grant Thornton Bharat LLP and M/s Vistar AEC Consultants LLP, that the overall project fee awarded is shared between GTBL and VACL in the ratio 34.38:65.62. However, VACL has raised tax invoice to GTBL for providing services to them. Thus, the question of revenue sharing does not arise when tax invoice is raised. Hence, Advance ruling cannot be given on assumed scenarios in the absence of relevant documents.
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