IGST Exemption on Lease of Rig Equipment from FTWZ to DTA: CAAR

HomeIndirect TaxesIGST Exemption on Lease of Rig Equipment from FTWZ to DTA: CAAR

IGST Exemption on Lease of Rig Equipment from FTWZ to DTA: CAAR

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Published on

01/12/2025

By Mariya Paliwala

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The Customs Authority for Advance Rulings (CAAR), Mumbai has delivered a significant ruling allowing Seros Energy Private Limited to avail IGST exemption on the movement of rig-related equipment from a Free Trade Warehousing Zone (FTWZ) to a Domestic Tariff Area (DTA) under a lease arrangement. The bench of Prabhat K. Rameshwaram has clarified that the…

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Mariya Paliwala https://www.jurishour.in/

Mariya is the Senior Editor at Juris Hour. She has 7+ years of experience on covering tax litigation stories from the Supreme Court, High Courts and various tribunals including CESTAT, ITAT, NCLAT, NCLT, etc. Mariya graduated from MLSU Law College, Udaipur (Raj.) with B.A.LL.B. and also holds an LL.M. She started her career as a freelance tax reporter in the leading online legal news companies.

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IGST Exemption