In Nagri Eye Research Foundation v. Union of India [R/Special Civil Application No. 7822 of 2021 decided on July 9, 2021] Nagri Eye Research Foundation (“the Petitioner”) filed an application for advance ruling to determine whether GST Registration would be required for medical store run by it as medical store would be providing medicines at a lower rate.
AAR, Gujarat- the Petitioner was required to obtain GST Registration for the medical store run by the Trust and that the medical store providing medicines at a lower rate amounted to supply of goods
AAAR, Gujarat- Dismissed the appeal and confirmed the findings recorded by the AAR, Gujarat.
The Hon’ble Gujarat High Court stated that every supplier who falls within ambit of Section 22(1) of the Central Goods and Services Tax Act, 2017 (“the CGST Act”) has to get himself registered under the CGST Act.
Further, held that from a co-joint reading of Section 7(1) of the CGST Act, the expression ‘supply’ includes all forms of supply of goods and services or both such as sale, transfer, barter etc. made or agreed to be made for consideration by a person in the course or furtherance of business. And the term ‘business’ as defined under Section 2(17) of the CGST Act includes any trade or commerce whether or not for a pecuniary benefit.
Thus, the Petitioner would require GST Registration even if supplied at lower rate would amount to supply of goods if the aggregate turnover exceeding threshold limit.
Online GST Course by Bimal Jain
Recorded: Certified Advanced GST Course
Course Details: Certificate of Participation will be Provided, Free GST Updates on E-mail, WhatsApp, Telegram for 1 Year, Background Material and PPT will be Provided on the downloadable basis, Total 21 Recorded Sessions (60 Hours), will be available for 120 hours or 60 Days whichever expires earlier.
For Registration:- https://cutt.ly/hxjl5Cu
Recorded: GST Course on Exports, Deemed Exports, SEZ, Imports, Merchandise Exports, Inverted Duty Structure (including Refunds)
Course Details: 6 Online Recorded Sessions of 2.30Hrs each with Background Material (BGM)
For Registration:- https://cutt.ly/pvw7mzl
For more details, Call: +91-8076563802, E-mail: intern@a2ztaxcorp.com, Web: www.a2ztaxcorp.in