Fairmacs Ship Stores ., In re
Date: August 20, 2018
Subject Matter
Outward supplies made to ocean going merchant ships which are in foreign run, Indian Navy ships , Indian Coast guard ships will be treated as ‘exports’.
Summary
As per section 88(A) of Customs Act,1962, the goods supplied to merchant ships on foreign run will be treated as export. As per section 16 of IGST Act’2017, the exports will be treated as ‘zero’ rated supplies. The outward sup…
Note: Under Section 100 of the APGST Act’2017, an appeal against this ruling lies before the appellate authority for advance ruling constituted under section 99 of APGST Act’2017, within a period of 30 days from the date of service of this order. M/s FAIRMACS SHIP STORES PRIVATE LIMITED (hereinafter also referred as an applicant), having GSTIN 37AAACF1406C1ZC are holders of Special War…