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AAR allowed applicant to withdraw its Advance Ruling application

May 18, 2020[2020] 116 taxmann.com 569 (AAR - TAMILNADU)
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GST : Applicant a real estate developer sought Advance Ruling on whether construction activities carried out by applicant for its customer under construction agreement, being composite supply of works contract, are appropriately classifiable under Heading 9997, and chargeable to CGST at the rate of 9% under S.No. 35 of Notification No. 11/2017-Central Tax (Rate), dated 28-6-2017, however, applicant submitted that application was filed in respect of a transaction proposed to be undertaken by applicant in State of Tamil Nadu, but on account of unfavourable market conditions and other commercial factors, applicant has not been in a position to proceed their business activity of identifying land for constructing apartments. Thus, applicant has taken a commercial call to not pursue proposed business project in Tamil Nadu and thus requested Authority to permit it to withdraw its Advance Ruling application. Therefore, application filed by applicant is disposed of as withdrawn

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