Page 187 - GSTL_16th July 2020_Vol. 38_Part 3

2020 ] IN RE : SAFSET AGENCIES PVT. LTD. 425
Whether Appellant can dis- under this, AAR
charge the tax liability on did not answer to
difference between sales and the question posed
purchase price considering to them.
Collectibles and HSN Code
as second hand goods fol-
lowing Rule 32(5) of the
CGST Rules, 2017.

8. Collectible Books HSN Code If it is in the form
Applicable Rates of printed books,
newspapers, pic-
Whether Appellant can dis- tures, etc., it will
charge the tax liability on fall under various
difference between sales and sub-headings of
purchase price considering Chapter 49 of GST
Collectible Books as second Act. In absence of
hand goods following Rule various details
32(5) of the CGST Rules, AAR did not an-
2017. swer to the query
posed to them.

9. Antique Books HSN Code Antique Books
Applicable Rates under 100 years is
dealt with by AAR
Whether Appellant can dis- will be classified
charge the tax liability on under appropriate
difference between sales and heads.
purchase price considering
Antique Books as second In absence of spe-
hand goods following Rule cific details and
32(5) of the CGST Rules, description, AAR
2017. did not answer the
query posed to
them.

11. Apart from buying paintings from individual art collectors, Appel-
lant also procures paintings from other art dealers and directly from painters.
Appellant has sought advance ruling on such items.
Appellant also purchases paintings, collectibles, and antiques from other
art dealers. Appellant pays full tax on sale value of such paintings, collectibles
and antiques. Appellant neither sought advance ruling on such goods nor it is a
subject matter of order of AAR.
12. Appellant sincerely thank Hon’ble AAR for very considered deci-
sion on certain issues relating to following goods.

GST LAW TIMES  16th July 2020  187