GST Advance Rulings: Know why Karnataka AAR is wrong on GST on HR cost

In this festive season, on the one hand the GST Council is resolving the industry’s GST concerns, besides recommending rate reduction on several products, and, on the other hand, the saga of revenue-favouring advance rulings continues. Industry’s latest nemesis is the ruling rendered by the Karnataka Appellate Authority for Advance Ruling (KAAAR) that affirms the ruling of the Karnataka Authority…