We are pleased to share with you a copy of our latest publication of GST Café, a briefing on recent ruling by the Hon’ble Bombay High Court in Vodafone Idea Limited vs The Union of India & Ors. with Commissioner of CGST & Central Excise vs Vodafone Idea Limited. The Bombay High Court, in the present […]
Context The Hon’ble Supreme Court of India in Union of India & ANR. vs. Filco Trade Centre Pvt Ltd ANR[1] granted an extended period in which taxpayers can claim credit of taxes of Pre-GST acts by filing GST Form TRAN-1 and TRAN-2. The Respondent, Filco Trade Centre Pvt Ltd, challenged the constitutional validity of the […]
The 47th GST Council (the ‘Council’) meeting was held on 28th and 29th June, 2022, under the chairmanship of Union Finance and Corporate Affairs Minister Smt. Nirmala Sitharaman. During the course of the meeting, the Council dealt with important issues and in retrospect, issued Press Release with its recommendations. Overview of Recommendations: The Council has, […]
Context This update relates to a ruling of Supreme Court of India (CCE&ST vs. Northern Operating Systems Pvt. Ltd.) relating to applicability of Service Tax on inter-company payment of salary and other expenses in relation to seconded expatriate employees in India. The Respondent, Northern Operating Systems Pvt. Ltd., had entered into agreements with its overseas […]
CONTEXT GST was sought to be levied vide notification no. 10/2017-Integrated Tax (Rate) read with notification no. 8/2017-Integrated Tax (Rate) on ocean freight for CIF imports. CIF transactions are such where the freight is borne by the supplier. Such CIF value is also considered for levy of customs duty. Aggrieved by the levy of GST […]
A division bench of the Hon’ble High Court of Karnataka (“HC”) by overruling the observations of the Karnataka Appellate Authority for Advance Rulings (“KAAAR”) in a recent judgment of Taghar Vasudeva Ambrish v. AAAR Karnataka & Ors.[1] has held that residential premises leased for use as hostel premises are covered under the scope of the […]
