9911796707
TMI Blog2022 (11) TMI 258X X X X Extracts X X X X X X X X Extracts X X X X ..... N number 29AAACK6953F1ZC, have filed an application for Advance Ruling under Section 97 of CGST Act,2017 & KGST Act, 2017 read with Rule 104 of CGST Rules, 2017 & KGST Rules 2017, in FORM GST ARA-01 discharging the fee of Rs.5,000/- each under the CGST Act and the KGST Act. 2. The applicant stated that they are incorporated under Companies Act 1956 with 75.20% of share holding by State Government of Karnataka and 24.80% share holding by Chairman, Bangalore Development Authority; that they are a Government Entity in terms of definition given in Notification No.32/2017-Central Tax (Rate) dated 28.06.2017; they are a State level nodal agency for implementation of Government of India schemes like JNNURM, UIDSSMT etc.,; they have secured the st ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ii. Project monitoring services rendered by professionals iii. Rent a cab services 5. The applicant provides financial intermediary services to all Urban Local Bodies (ULBs) towards implementation of Urban Infrastructure Projects, including payment of contractors and compliance of statutory functions that are rendered on behalf of ULBs but invoices for the projects are raised on the applicant. 6. M/s Larson 87, Toubro Limited (L&T) entered into a works contract for building and supply of water supply system of Belagavi City with the applicant and City Corporation, Belagavi. The GST invoices, for the projects, are raised by L&T in the name of the applicant, as per the terms of the contract. L&T has started raising invoices charging GST ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... edings and reiterated the facts narrated in their application. FINDINGS & DISCUSSION 9. At the outset we would like to make it clear that the provisions of CGST Act, 2017 and the KGST Act, 2017 are in pari-materia and have the same provisions in like matters and differ from each other only on a few specific provisions. Therefore, unless a mention is particularly made to such dissimilar provisions, a reference to the CGST Act would also mean reference to the corresponding similar provisions in the KGST Act. 10. We have considered the submissions made by the applicant in their application for advance ruling. We also considered the issues involved on which advance ruling is sought by the applicant and relevant facts & the submissions made b ..... X X X X Extracts X X X X X X X X Extracts X X X X
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