Advance ruling application made on 8.10.2018 , ruling order dated 27.02.19 - querry on agricultural equipments classification.
Advance ruling order rejected exemption for the agri equipment manufactured. Meanwhile manufacturer sold under exmption since it was allowed under earlier TNVAT regime.
Question now>
1.Dept disallowes exemption and claiming tax now
2. If manufacturer pay the same as per order , can my vendor take input credit on the same
3. Is interest , penalty etc is chargeble by the dept on this period
4. Who will give ruling on the same either assessment officer / Advance ruling officer / or GST appellant
5. Truly this end product used and helped in the agricultural farming in the field , which reduces labour fatigue.
can you through light on this sir
Umesh V Naig
CAclubindia
