Independent show-cause notices remain separate proceedings, while customs adjudication challenges should ordinarily follow the statutory appellate rem...
Institutional incapacity in customs settlement proceedings excludes non-functional quorum periods from statutory disposal timelines, preventing automa...
Interactive touchscreen panels with integrated computing functions fall under automatic data-processing machines rather than display monitors for cust...
Ex parte injunction service requirements were substantially met, while civil recovery and SFIO investigation into provident fund defalcation continued...
The differential dealer margin provided by the petroleum companies to its retail dealers is considered a taxable supply of service under GST. The amount paid as differential dealer margin is a consideration received for agreeing to the obligation to refrain from an act, which falls under clause (e) of Sl No. 5 of Schedule II of the CGST Act, 2017, and is therefore taxable to GST. Section 15(3) of the Act, which deals with the taxability of discounts, is not applicable in this case. The service of "Agreeing to refrain from doing an act" is classified u/s 9, Heading 9997, Service Code (Tariff): 999793 of the Scheme of Classification of Services, and is taxable at 18% as per Sl. No. 35 of Notification No. 11/2017-Central Tax (Rate) dated 28.06.2017, as amended from time to time. The circular 29/2019 cannot be cited as a reason for non-payment of tax by the applicant.
The differential dealer margin provided by the petroleum companies to its retail dealers is considered a taxable supply of service under GST. The amount paid as differential dealer margin is a consideration received for agreeing to the obligation to refrain from an act, which falls under clause (e) of Sl No. 5 of Schedule II of the CGST Act, 2017, and is therefore taxable to GST. Section 15(3) of the Act, which deals with the taxability of discounts, is not applicable in this case. The service of "Agreeing to refrain from doing an act" is classified u/s 9, Heading 9997, Service Code (Tariff): 999793 of the Scheme of Classification of Services, and is taxable at 18% as per Sl. No. 35 of Notification No. 11/2017-Central Tax (Rate) dated 28.06.2017, as amended from time to time. The circular 29/2019 cannot be cited as a reason for non-payment of tax by the applicant.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4800
Join Channel
TaxTMI 
