https://www.taxtmi.com/caselaws?id=780187 HC held the public notice issued by the custodian requiring GST over and above the auction bid value was without jurisdiction and quashed it. The court found the notice conflicted with Circular No.50/2005 and statutory provisions: IGST on import is separate from GST on sale by auction under the CGST Act, and an auction purchaser acquires title and ceases to be an importer. Collection of GST on the bid price is governed by CGST provisions and, where customs conduct auctions, GST is recovered from the highest bidder; the custodian's notice purporting otherwise was invalid. en-us Thu, 23 Oct 2025 00:00:00 +0530 Sat, 25 Oct 2025 09:00:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=780187 HC held the public notice issued by the custodian requiring GST over and above the auction bid value was without jurisdiction and quashed it. The court found the notice conflicted with Circular No.50/2005 and statutory provisions: IGST on import is separate from GST on sale by auction under the CGST Act, and an auction purchaser acquires title and ceases to be an importer. Collection of GST on the bid price is governed by CGST provisions and, where customs conduct auctions, GST is recovered from the highest bidder; the custodian's notice purporting otherwise was invalid. Case-Laws Customs Thu, 23 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=780187