GST Exemption Denied: Imported Goods Lose Agricultural Produce Status After Value Addition and Sales.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Exemption from GST - items imported and the services rendered by the applicant is in relation to loading, unloading, packing, storage and warehousing of ‘agricultural produce’ or not - AAR has given a ruling against the applicant. - After enduring multiple value additions and sales, the goods when imported into India, forfeits the quality to be considered as ‘marketable for primary market’. - The AAAR (appellate authority) upheld the ruling of the WBAAR, stating that the imported products did not meet the criteria to be considered as agricultural produce under GST laws.....