SC: Public Premises Act Prevails over State Rent Laws For Evicting Unauthorised Occupants  ||  SC: Doctors Were Unwavering Heroes in COVID-19, and Their Sacrifice Remains Indelible  ||  SC Sets Up Secondary Medical Board to Assess Passive Euthanasia Plea of Man in Vegetative State  ||  NCLAT: Amounts Listed As ‘Other Advances’ in Company’s Balance Sheet aren’t Financial Debt under IBC  ||  NCLT Ahmedabad: Objections to Coc Cannot Bar RP From Challenging Preferential Transactions  ||  J&K&L HC: Courts Should Exercise Caution When Granting Interim Relief in Public Infrastructure Cases  ||  Bombay HC: SARFAESI Sale Invalid if Sale Certificate is Not Issued Prior to IBC Moratorium  ||  Supreme Court: Police May Freeze Bank Accounts under S.102 CrPC in Prevention of Corruption Cases  ||  SC: Arbitrator’s Mandate Ends on Time Expiry; Substituted Arbitrator Must Continue After Extension  ||  SC: Woman May Move Her Department’s ICC For Harassment by Employee of Another Workplace    

SC: Levy of Separate IGST on Indian Importers for Ocean Freight Violates Section 8 of CGST Act - (24 May 2022)

GOODS AND SERVICES TAX

Supreme Court has held when the Indian importer is liable to pay IGST on the composite supply, which includes supply of goods and services of transportation, insurance, etc. in a CIF contract, a separate levy on them for the 'supply of services' would be in violation of Section 8 of the CGST Act.

Tags : SUPREME COURT. IGST   CGST   COMPOSITE SUPPLY  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved