AAR: Absent requisite mark of 90% equity/control, Water-Supply Board fails to qualify as ‘Govt. authority’, denies exemption

Andhra Pradesh AAR  holds that applicant (undertaking drinking water projects in AP) does not qualify as a ‘governmental authority’ owing to the lack of qualifying mark of 90% in terms of equity or control of the Board, as per section 2 (16) of the IGST Act or as defined vide Notification No. 31/2017- Central Tax (Rate) dated October 13, 2017; Notes that applicant is a society which consists of 9 members out of which 7 are officers/employees of the Government of Andh...