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Indirect Tax Weekly Digest | 18 May 2022

18 May 2022

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

This edition of the weekly digest highlights:

  • High Court of Madhya Pradesh - High Court refuses to intervene in the notice demanding reversal of ITC, availed through belated return in GSTR-3B;
  • AAR, Maharashtra - Marketing services provided under Marketing Services Agreement (MSA) will constitute supply of 'Intermediary Services';
  • CESTAT, Chennai – Royalty reported in the financial statement but not paid to supplier would not be included in the value of imported goods.

We hope you find it useful and an interesting read.