Strict construction of customs exemptions denied concession for brake components, while limitation restricted differential duty to timely Bills of Ent...
Way Leave Permissions cannot be retrospectively revived through insolvency plans, and affected infrastructure holders require safety review and hearin...
Inter-terminal container movement requires customs escort, permit reconciliation, and indemnity, while delayed DPD cargo may move to designated CFS ya...
Refund of unutilised input tax credit under an inverted duty structure extends to packing materials, labels, cartons and plastic containers used to market packaged tea. Section 54(3)(ii) treats such materials as inputs and does not distinguish between principal and ancillary inputs; comparison of bulk tea and packaged tea without considering packaging inputs is therefore incorrect. Circular No. 135/5/2020-GST addresses credit accumulation caused by a rate reduction on the same goods at different times and does not apply where bulk and packaged tea bear the same tax rate. Administrative circulars cannot add to or curtail the statutory refund entitlement.
Refund of unutilised input tax credit under an inverted duty structure extends to packing materials, labels, cartons and plastic containers used to market packaged tea. Section 54(3)(ii) treats such materials as inputs and does not distinguish between principal and ancillary inputs; comparison of bulk tea and packaged tea without considering packaging inputs is therefore incorrect. Circular No. 135/5/2020-GST addresses credit accumulation caused by a rate reduction on the same goods at different times and does not apply where bulk and packaged tea bear the same tax rate. Administrative circulars cannot add to or curtail the statutory refund entitlement.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4888 
