Case Laws, Case Study

Adani Green Energy Ltd. {AUTHORITY FOR ADVANCE RULINGS, GUJARAT}

Adani Green Energy Ltd. {AUTHORITY FOR ADVANCE RULINGS, GUJARAT} :Date of Order : 11-05-2022simplified explanation of the rulings by the Authority for Advance Rulings (AAR), Gujarat, regarding GST implications on services related to Senior Secured Notes (SSN):Background: Applicant: Adani Green Energy Ltd. (AGEL) sought clarification on the GST implications of services provided by a manager in relation to Senior Secured Notes (SSN). Key Points of the Case: Nature of Service: AGEL issues Senior Secured Notes (SSN), which are securities subscribed by investors. A manager is...

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