AAR: Tur/Green Gram supplied from farmers to NAFED exempt, denies TDS applicability and ITC on gunny bags
Karnataka AAR exempts supply of KharifArhar (Tur) and Green Gram by Applicant to National Agriculture Co-operative Marketing Federation Limited (NAFED) as per entry no 45 of Notification No. 2/2017-Central Tax (Rate) dated June 28, 2017; Observes that the Department of Agriculture, co-operation and family welfare has appointed NAFED as one of the nodal agencies to Govt. of India for implementation of Price Support Scheme (PSS) wherein Minimum Support Prices for oilseeds ...