The 'as is where is basis' GST puzzle

‘As is where is basis’ is a phrase normally used in auctions. The phrase appears to have caught the fancy of the GST Council since its 53rd meeting. In its recommendations in the latest meeting, the council used the phrase almost half a dozen times. The transport of passengers by helicopters on a seat-share basis will attract a GST of 5%. The council has also proposed exemptions on man…