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The Hon’ble Madras High Court in the case of M/s Ohm Srinivasa Paper Boards (P.) Ltd. directed the Assessee to pay balance amount for the past period in 12 monthly installments from August 01, 2024 to July 01, 2025, considering the accumulated losses and partial payment is already made, where the Assessee failed to discharge the liability as per law under Section 142 of the CGST Act. Hence, the writ petition was disposed of.
Blessed, that the recent ruling by Hon’ble Kerala High Court in the case of M/S. MUTHOOT FINANCE LIMITED ruled on 03.09.2024 aligns closely with the views I expressed in my article long ago.
The Hon’ble Kerala High Court, Ernakulam in the case of State of Kerala held that charges received by the taxpayer for services at the Ayurveda Centre, Beauty Parlor, and Convention Centre within the hotel attract luxury tax under the Kerala Tax on Luxuries Act, 1976 (“the KLT Act”) because the services were not being rendered directly by the taxpayer, a third party was providing services to the customers in the premises of the Taxpayer.
Hon’ble CESTAT’s significant clarity; Marketing Support is Business Support, Not Intermediary Hon’ble Chennai CESTAT recent ruling offers crucial support for taxpayers facing GST demands on marketing, sourcing support services, etc. Here are the key takeaways: 📌Purpose-Based Interpretation; Contracts should be…
Hon’ble Court upheld the denial of export refunds on the ground that services provided by an Indian entity (to its foreign customers) through its foreign subsidiary of do not qualify as exports.
The Hon’ble Bombay High Court in the case of Combitic Global Caplet Pvt. Ltd. directed the Revenue Authority to rule the sanctioning authority to refund the amount in the CENVAT credit account in cash instead of crediting it to the CENVAT account.
The Hon’ble High Court of Jammu & Kashmir in the case of Oriental Insurance Co. Ltd. v. dismissed the appeal as infructuous. M/s Oriental Insurance Co. Ltd. had filed a writ of mandamus for commanding the Respondent to hear the appeal against the Assessment Order dated March 31, 2018, for 2013-14.
The CESTAT, Chandigarh in the case of M/s. Maruti Suzuki India Ltd. partly allowed the appeal filed by setting aside the penalty and confirming the demand of tax, thereby holding that, Service Tax is payable under reverse charge when reimbursable expense incurred by distributor on providing service on behalf of the taxable person for business purpose under Business Auxiliary Services.
No VAT on Franchisee Agreements
Commissioner of CT & GST, Odisha (At Cuttack), Finance Department, Government of Odisha issued a Notification No. 6963/CT dated 20.05.2024 regarding mode of assessment for selected list of dealers for FY 01.04.2022 to 31.03.2023.