Judgement

The Tribunal held that cash payments for paddy made through agents are exempt from Section 40A(3) under Rule 6DD(e) and (k), as they constitute payments for agricultural produce. Consequently, it quashed the Section 263 revision, ruling that the Assessing Officer's original order was neither beneficial to the Revenue since a proper enquiry had already been conducted.

No Income Tax Cash disallowance on Payment made to Farmers: ITAT

The AAR concluded that paddy can be categorised as 'agricultural produce' and the services related to the storage of agricultural produce are exempt from GST.

Services Related to Storage of Agricultural Produce Are Exempt from GST: ITAT

AAR Tamilnadu in the matter of Shri R.Gopalsamy has ruled out that Rent received by warehouse for storing Agricultural Produce Exempt from GST.

Rent received by warehouse for storing Agricultural Produce Exempt from GST

GST Rate of 12% applicable on supply of Sugarcane Juice

Sugarcane Juice not a agricultural produce; GST Rate of 12% applicable: AAR

Seed is not an agricultural produce; Not Eligible for GST Exemption of agricultural produce: AAAR

Seed not an Agricultural Produce: No GST Exemption Applicable on it's Storage

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