Indirect Tax Weekly Digest | 05 June 2019
05 June 2019
Read more about Foreign Trade Policies, Indirect Tax Legislative and Judicial updates in The Indirect Tax Weekly Digest by BDO in India.
This edition of the weekly digest highlights:
- High Court of Allahabad - Exemption on goods supplied to and from Duty-Free Shops (‘DFS’) and refund of any accumulated un-utilized Input Tax Credit (ITC) is allowed
- AAR – Kerala - Manufacturing services on physical inputs owned by the principal would qualify to be a ‘service’ by way of ‘job-work’
- CESTAT - Chandigarh - Service tax would not be leviable on the activity of mere transaction of the sale and purchase of land. The transfer of development rights is a benefit arising from the land, consequently, must be held to be an ‘immovable property’
- High Court of Delhi - Fixing an export obligation is not a matter of procedure, but is a substantive condition for availing duty-free imports against Advance Authorization
We hope you find it useful and an interesting read.