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Issue ID : 115295
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- 0 -

DFIA License

Date 08 Aug 2019
Replies6 Answers
Views 2229 Views

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?

Goods and Services Tax - GST
6 answers
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- 0
Replied on Aug 8, 2019
1.

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.
- 0
Replied on Aug 8, 2019
2.

No specific exemption has been granted by GST Council so far.
- 0
Replied on Aug 8, 2019
3.

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 Pvt. 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.
- 0
Replied on Aug 8, 2019
4.

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.
- 0
Replied on Aug 9, 2019
5.

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.

- 0
Replied on Aug 9, 2019
6.

please read as selling

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