Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Page of 4794
Press 'Enter' after typing page number.
101 to 120 of 95875 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
HC held that compensation paid as solatium for land acquisition is not subject to GST under CGST/KGST Act. The court determined that sale of land and immovable property falls outside GST taxation, even without specific schedule exemptions. The compensation does not constitute a service supply with consideration, and the conditions in land acquisition agreements do not trigger GST liability. The court emphasized that governmental land acquisition payments are not taxable transactions, and the impugned notices were deemed illegal and without legal jurisdiction. Petition was consequently allowed, quashing GST levy on land acquisition compensation.
HC held that compensation paid as solatium for land acquisition is not subject to GST under CGST/KGST Act. The court determined that sale of land and immovable property falls outside GST taxation, even without specific schedule exemptions. The compensation does not constitute a service supply with consideration, and the conditions in land acquisition agreements do not trigger GST liability. The court emphasized that governmental land acquisition payments are not taxable transactions, and the impugned notices were deemed illegal and without legal jurisdiction. Petition was consequently allowed, quashing GST levy on land acquisition compensation.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4794
Join Channel
TaxTMI 
