Indirect Tax Digest | 02 August 2024

Read more about Indirect Tax Legislative and Judicial updates and Customs and Foreign Trade Policy in ‘The Indirect Tax Fortnightly Digest’ by BDO in India.

HIGHLIGHTS

Kerala High Court - Section 7(1)(aa) of the CGST Act is not ultra vires but cannot be applied retrospectively.
Madras High Court - Circular No.9 of 2019 dated 24 May 2019 inter alia authorising/assigning proper officers with power of adjudication is valid.
CESTAT Ahmedabad - License fee for process know-how and supervision of erection and commissioning charges cannot be included in the assessable value of imported goods.

We hope you find it useful and an interesting read.

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