Web14 aug. 2024 · The Delhi High Court gave an interim order in favor of the Petitioner and the Respondents i.e., Government of India preferred an appeal before the Supreme Court. The Government also requested to transfer the case before itself and try the case on its own. The Supreme Court acceded to the request and heard the matter in front of it. Web25 feb. 2024 · The Supreme Court has in Solar Pesticide v. UOI 2000 (116) E.L.T. 401 (S.C.) held that if tax or duty has been paid on raw material and such taxes have been added to price of finished goods, incidence of duty shall be considered to have been passed.
igst: Gujarat High Court Orders IGST Refund on Ocean Freight …
Web29 jul. 2024 · The Gujarat High court has directed the Central Board of Indirect Taxes and Customs to grant refund of goods and services tax paid on ocean freight within six weeks with interest, in a relief for importers. Refund claims worth ₹1,000 crore are pending. Web1 Mohit Minerals Pvt. Ltd. [TS -29 HC 2024(GUJ) NT] 2. In light of the fact that IGST were paid at the time of import on the freight components (ocean freight), the notifications requiring the importer to once again pay IGST on the same components tantamount to double taxation and thus is illegal and unconstitutional. do iras have to have a beneficiary
Supreme Court Judgment- Union of India v. Mohit Mineral Pvt
Web30 mei 2024 · Mohit Minerals has filed a writ in Gujarat High Court challenging Notification 8/2024 and Notification 10/202413. The Division Bench of the Gujarat High Court held … Web23 mei 2024 · The Supreme Court has struck down the obligation to pay tax under reverse charge mechanism by the importer. Earlier, the Gujarat High Court qua writ petition filed by Mohit Minerals (P.) Ltd. v. Union of India2, has held the notifications bringing the tax under reverse charge mechanism are ultra-vires the law. Webthe component of ocean freight paid by the foreign seller to a foreign shipping line, on a reverse charge basis. 2 The respondents import noncoking coal from Indonesia, South … fairway vs rough