Prohibited importation of cosmetics without prior regulatory registration attracts seizure and confiscation; warehousing or re export claims do not cu...
Provisional release on security permitted where cash deposit plus bond secures differential duty; classification and treaty benefits referred for deci...
Customs Valuation Rule Sequence must be followed; single-comparator re-determination and penalties set aside without comparability or proof of mis-dec...
Separately Identifiable Services: transportation found to be the essential character, so Cargo Handling classification and extended limitation rejecte...
Mobilisation advances under a works contract are treated as consideration for supply, and works contracts are treated as services; accordingly the advance is a payment for the supply. Time of supply for such services follows the provisions applicable to services, permitting an invoice for an advance to be issued before provision of service. Absent issuance of an invoice within the prescribed period, the liability to pay GST arises on the date of receipt of the advance. If an invoice for the advance is issued within the period prescribed under the invoicing provision, tax liability is the earlier of invoice date or receipt date.
Mobilisation advances under a works contract are treated as consideration for supply, and works contracts are treated as services; accordingly the advance is a payment for the supply. Time of supply for such services follows the provisions applicable to services, permitting an invoice for an advance to be issued before provision of service. Absent issuance of an invoice within the prescribed period, the liability to pay GST arises on the date of receipt of the advance. If an invoice for the advance is issued within the period prescribed under the invoicing provision, tax liability is the earlier of invoice date or receipt date.
Note: It is a system-generated summary and is for quick reference only.
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