9911796707
TMI Blog2021 (2) TMI 1052X X X X Extracts X X X X X X X X Extracts X X X X ..... of renting of immovable property - rate of composition tax applicable is 1% for the turnover of goods (sales) and 6% for the turnover of service (rent) - challenging the AAR decision alleging a mistake in the Advance Ruling order IN RE: SRI. GHALIB IQBAL SHERIFF M/S. EMPHATIC TRADING CENTRE [ 2020 (4) TMI 874 - AUTHORITY FOR ADVANCE RULING, KARNATAKA ] where authority has ruled in the aforesaid or ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 2/2019-Central Tax (Rate) dated 07.03.2019 , effective from 01.04.2019 and is discharging relevant taxes through self payment of tax basis PMT-08. The benefit of the notification can be availed effective from the beginning of the financial year or from the date of registration in cases where new registration has been obtained during the financial year. In the instant case the applicant has availed ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 7. 2. The applicant filed the instant application, for rectification of aforesaid ruling, alleging that the authority has ruled in the aforesaid order that the applicant is not eligible to opt to pay tax under Notification No.2/ 2019-Central Tax (Rate) dated 07.03.2019 as they are registered as a composition tax payer , where as they have not registered under the provisions of Section 10 of t ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 5. However, the applicant opted to avail the benefit of the Notification No.2/2019-Central Tax (Rate) dated 07.03.2019 , effective from 01.04.2019 and is discharging relevant taxes through self payment of tax basis PMT-08. The benefit of the notification can be availed effective from the beginning of the financial year or from the date of registration in cases where new registration has been ..... X X X X Extracts X X X X X X X X Extracts X X X X
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