Author: Website Admin
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Latest Updates in Indirect Taxes and RERA
Our latest monthly news bulletin for the Month of February 2025 is now out. Highlights – IGST on Repair service when goods re-imported into India post repairs Self assessment and charges of Revenue with regard to suppression and tax evasion Conditions to be satisfied for arrest under GST and Customs Baggage provisions and import of…
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No separate levy of IGST u/s 3(7) of Customs Tariff Act on repaired goods received back into India when service is already taxed
Editor: The Division Bench of the Delhi High Court in INTERGLOBE AVIATION LTD Vs PRINCIPAL COMMISSIONER OF CUSTOMS ACC (IMPORT) NEW CUSTOM HOUSE NEW DELHI & ORS. (W.P.(C) 934/2023, W.P.(C) 7845/2023, W.P.(C) 4673/2024 PRONOUNCED ON 04.03.2025) has confirmed that amendment to Notification 45/2017 Customs Dated 30.06.2017 brought in by Notification 36/2021 Customs Dated 19.07.2021…