Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
The case concerns the liability of an exporter to pay GST on export freight as CGST & SGST or IGST. The ruling states that post the sunset clause on ocean/air freight, such activities became taxable under GST from 1.10.2022. The tax liability depends on the 'place of supply,' which, in this case, is 'outside India,' making it an inter-state supply subject to IGST. If the service provider, the shipping line, has an office in Thoothukudi, Tamilnadu, the liability shifts to CGST/SGST for intra-state supply. The exporter is not liable for GST as it receives the service as input for its CIF basis exports. The ruling does not address the liability of the shipping line for GST.
The case concerns the liability of an exporter to pay GST on export freight as CGST & SGST or IGST. The ruling states that post the sunset clause on ocean/air freight, such activities became taxable under GST from 1.10.2022. The tax liability depends on the 'place of supply,' which, in this case, is 'outside India,' making it an inter-state supply subject to IGST. If the service provider, the shipping line, has an office in Thoothukudi, Tamilnadu, the liability shifts to CGST/SGST for intra-state supply. The exporter is not liable for GST as it receives the service as input for its CIF basis exports. The ruling does not address the liability of the shipping line for GST.
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