Indirect Tax Weekly Digest | 16 May 2023

​Read more about Indirect Tax Legislative and Judicial updates and Foreign Trade Policies in ‘The Indirect Tax Weekly Digest’ by BDO in India.

• Delhi High Court - Duty Drawback to be recovered in case of write-off of unrealized export proceeds.
• Madras High Court - Deeming Fiction of 70:30 is not applicable in all property development cases.
• Supreme Court - Supreme Court upholds the validity of the pre-import condition under the Advance Authorisation scheme.

We hope you find it useful and an interesting read.