Indirect Tax Digest | 12 September 2025
Indirect Tax Digest | 12 September 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
- Sikkim High Court - Refund of accumulated ITC on closure of business amounts to judicial rewriting of section 54 of the CGST Act; Impermissible in law
- Supreme Court - Record of proceedings being duly signed by the Taxpayer is due compliance with section 138C(4) of the Customs Act; Certificate not mandatory
- CESTAT Mumbai - Import of Management, Business and Legal consultancy service for closure of business is not covered under business activities; Not liable to discharge service tax under RCM