Do the pic-up charges paid to the Owner/Driver fall under GST rate of 5%?

Last updated: 23 April 2021

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Quick Summary

This advance ruling clarifies the Goods and Services Tax (GST) implications for a private limited company involved in supplying gold and trading castor oil seeds. The company sought to understand if GST is applicable on castor oil seeds procured from unregistered agriculturists and the GST rate for their outward supplies. The ruling addresses the non-applicability of GST at the procurement stage from unregistered persons and the applicable GST rate on the outward supply of castor oil seeds.

Court :
Gujrat AAR

Brief :
The applicant M/s. Aristo Bullion pvt.ltd., R.B.Chamber, B/3. Chanla Ole, Manek Chowk, Ahmedabad-380001 has submitted that they recently registered as a private limited company with effect from 25.07.2020 for which Certificate of Incorporation is issued by the Registrar of Companies; that they intend to engage in supply of Gold (including Gold Plated with Platinum) unwrought or in semi-manufactured forms or in powder form, based metal clad with silver, not further worked than semi-manufactured, coin etc; that it involves some manufacturing process also and in the said activities various inputs viz. Gold dore, silver dore are required; that the said inputs will be procured domestically on payment of GST at appropriate rate;

Citation :
ADVANCE RULING NO. GUJ/GAAR/R/15/2021

Daily Limit Reached