TMI BlogDFIA LicenseX X X X Extracts X X X X X X X X Extracts X X X X ..... Duty Credit Scrips issued under MEIS and SEIS scheme, if the same are sold, are exempted from payment of GST. Does this include DFIA Licence also? If yes under which notification / circular? - Reply By KASTURI SETHI - The Reply = 2018 (19) G.S.T.L. 281 (A.A.R. - GST) = 2018 (11) TMI 885 - AUTHORITY FOR ADVANCE RULING, MAHARASHTRAIN RE : SPACEAGE SYNTEX PVT. LTD. - Reply By KASTURI SETHI ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - The Reply = No specific exemption has been granted by GST Council so far. - Reply By Kaustubh Karandikar - The Reply = Respected Kasturi ji Thanks for your quick guidance. However, this order has been challanged and as per the Order No.MAH/AAAR/SS - RJ/23/2018 - 19 dt.13.03.2019 = 2019 (4) TMI 1542 - APPELLATE AUTHORITY FOR ADVANCE RULING, MAHARASHTRA in case of 'Spaceage Syntex Pv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... t. Ltd., GST is not payable on it. What i want to confirm is, subsequent to the above order, is there any notification or circular to clarify that the same is payable. - Reply By KASTURI SETHI - The Reply = Sir, As far as my knowledge is concerned, no notification for granting exemption has been issued. I think the issue has not been taken up in meeting of GST Council so far. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... - Reply By MUKUND THAKKAR - The Reply = MEIS and SEIS is exempted from payment of GST because of it is incentive and DFLA Lic. is not technically incentive but treated as sailing of goods so as per my view GST is applicable. on sales of Lic. - Reply By MUKUND THAKKAR - The Reply = please read as selling - DFIA License - Query Started By: - Kaustubh Karandikar Dated:- 8-8-2019 Goods and Serv ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ices Tax - GST - Got 6 Replies - GST - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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