Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The taxable event for levy of IGST is the inter-state supply of goods and services, including supply in the course of importation. The charging section for collection of IGST on imported goods is section 4 of the IGST Act read with section 3(8) of the Customs Tariff Act. IGST collected on imports is not a duty of customs but credited to the Major Budget head 0008 and apportioned between the Centre and States as per GST Council recommendations. Interest is payable on delayed payment of IGST, whether on inter-state supplies within India or on imports, as section 3 of the Customs Tariff Act makes IGST payable under the IGST Act. The impugned order upholding interest payability on delayed IGST payment for imports was upheld by the Appellate Tribunal.
The taxable event for levy of IGST is the inter-state supply of goods and services, including supply in the course of importation. The charging section for collection of IGST on imported goods is section 4 of the IGST Act read with section 3(8) of the Customs Tariff Act. IGST collected on imports is not a duty of customs but credited to the Major Budget head 0008 and apportioned between the Centre and States as per GST Council recommendations. Interest is payable on delayed payment of IGST, whether on inter-state supplies within India or on imports, as section 3 of the Customs Tariff Act makes IGST payable under the IGST Act. The impugned order upholding interest payability on delayed IGST payment for imports was upheld by the Appellate Tribunal.
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