Indirect Tax Digest | 11 April 2025
Indirect Tax Digest | 11 April 2025
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
-
Supreme High Court—Time limit for rectification of returns does not apply for bona fide clerical/arithmetic errors that do not cause loss of revenue.
-
Karnataka High Court—Appeal cannot be rejected due to non-payment of pre-deposit if the same is paid before the expiry of the time limit for filing the appeal.
-
Orissa High Court—Central Tax Authorities cannot issue an Order after initiation of audit by the State Tax Authorities.
-
AAR Gujarat—ITC is not eligible on expenditure incurred for buyback of shares.
-
CESTAT Chandigarh—Promotional and marketing support services provided to an overseas entity cannot be considered as ‘intermediary’ services.
