TaxTMI Login
Just a moment...
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Supreme Court Upholds Gujarat HC Ruling: Ocean Freight Tax Notifications 08/2017 and 10/2017 Deemed Ultra Vires Under GST Laws.</h1> The Supreme Court dismissed the Union of India's petition challenging the Gujarat High Court's decision regarding the taxability of ocean freight under GST laws. The case involved notifications 08/2017 and 10/2017, which were deemed ultra vires as they imposed double taxation by treating importers as service recipients in CIF contracts. The Court ruled that these notifications violated the principle of composite supply under the CGST Act, as importers already pay IGST on the full import value. The judgment emphasized that GST Council recommendations are not binding, upholding fiscal federalism principles.
TaxTMI 
TaxTMI 