https://www.taxtmi.com/highlights?id=74567 Refund of IGST - Ocean Freight - The High court acknowledged that the Supreme Court judgment was applicable to the petitioner's case. It observed that the IGST levied on the 'service' aspect of transactions under Composite Supply contracts was in violation of the GST Act. The Supreme Court had clarified that imposing a separate levy on the Indian importer for 'supply of services' by the shipping line would violate the Act, as the importer is already liable to pay IGST on the 'composite supply' (which includes both goods and services). - Refund allowed. en-us Thu, 01 Feb 2024 07:45:42 +0530 Thu, 01 Feb 2024 07:45:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74567 Refund of IGST - Ocean Freight - The High court acknowledged that the Supreme Court judgment was applicable to the petitioner's case. It observed that the IGST levied on the 'service' aspect of transactions under Composite Supply contracts was in violation of the GST Act. The Supreme Court had clarified that imposing a separate levy on the Indian importer for 'supply of services' by the shipping line would violate the Act, as the importer is already liable to pay IGST on the 'composite supply' (which includes both goods and services). - Refund allowed. Highlights GST Thu, 01 Feb 2024 07:45:42 +0530 https://www.taxtmi.com/highlights?id=74567