In yet another move by industry challenging the anti-profiteering norms under the ambit of Goods and Services Tax, the Supreme Court issued notices to the Union Finance Ministry, the CBIC, the GST Council and the National Anti-Profiteering Authority (Now subsumed under the Competition Commission of India) to reply on the claims of the constitutional validity of the anti-profiteering norms.
SC issues notices on plea challenging anti-profiteering provisions
The Supreme Court on Friday issued notices to the central government, the CBIC, the GST Council and the National Anti-Profiteering Authority (its functions have been taken over by the Competition Commission of India) on a petition challenging a Delhi High Court verdict, upholding the constitutional validity of anti-profiteering provisions filed by a real estate company.
SC Asks Ramdev’s Patanjali Trust To Pay Rs 4.5 Cr Tax For Charging Entry Fees At Yoga Camps
The Supreme Court in a recent order upheld the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruling and held that Ramdev’s Patanjali Yogpeeth Trust is liable to pay Rs 4.5 crore to tax authorities for charging an entry fee for organising Yoga camps.
Supreme Court Judgment on ‘Prospective or Retrospective’ implications of Changes/amendment in Law
In GST, in last 6 years , many amendments were made in law. Some amendments were made prospectively, whereas some were made retrospectively.
Important Announcement from the Hon’ble Supreme Court
Hon’ble Supreme Court has taken a commendable step by listing specific categories of cases to be heard during the upcoming *Summer Vacation*. This thoughtful move aims to *reduce litigation* and streamline legal proceedings.
Supreme Court permits transfer of 27 GST cases; GamesKraft & EGF matters to be heard on 1 May tentatively
The Supreme Court bench headed by CJI and comprising of Justice JB Pardiwala and Manoj Misra summarily allowed the government’s transfer petition of 27 writ petitions in 9 different High Courts to Supreme Court without issuing notice to parties noting that similar SLP in Gameskraft matter and writs by EGF and Play Games24x7 are pending. The batch […]
Transportation of goods along with ancillary service of handling goods not be taxed as Cargo Handling Service
The Hon’ble Supreme Court in the case of C.C.E. & S.T. Surat v. Arkay Logistics Ltd. dismissed the Civil Appeal filed by the Revenue Department thereby holding that, primary service of transportation of goods along with ancillary service of handling of goods and related activities would not be taxed as Cargo Handling Service.
Commission received from foreign buyers for services and procurement of goods do not fall under the definition of ‘intermediary services’
The Hon’ble Supreme Court in the case of Commissioner of Goods and Services Tax and Central Excise v. SNQS International Socks Private Limited [Civil Appeal Diary No(s). 8343/2024 dated March 19, 2024] dismissed the Commissioner of Goods and Services Tax and Central Excise (“the Appellant”) appeal.
SC rules companies need not deduct tax for discounted SIM cards sales
The Supreme Court on Wednesday said that telecom companies need not deduct tax for selling discounted pre-paid SIM cards/recharge vouchers to distributors. The court said that Section 194H of the Income Tax Act is not applicable to telecom companies. Section 194H of the Income Tax Act deals with Tax Deduction at Source (TDS) on the […]
The period during which the matter is pending before the High Court can be excluded from the limitation period
The Hon’ble Supreme Court in the case of M/s. MPPKVV Co. Ltd. v. GST and Central Excise Commissioner [Special Leave Petition (Civil) No. 14223 of 2019 dated February 15, 2024], allowed the civil appeal and held that the Appellant could have no doubt filed an appeal before the Appellate Commissioner within the period of limitation […]