AAAR: Exemption on imported equipment for specified institutions not available to OEM suppliers

Odisha AAAR upholds AAR order that Notification No. 51/1996- Customs dated July 23, 1996 r/w Notification No. 43/2017- Customs dated June 30, 2017 extending exemption to specified institutions is not applicable to OEM suppliers of imported equipment; Relying upon minutes of GST Council meeting, appellant submitted that they were charged higher tax than what was mandated by law during the period July 1, 2017 to November 14, 2017 on imported equipment due to absence o...