Indirect Tax Weekly Digest | 19 March 2019
19 March 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:
- AAAR – Rajasthan - Taxability of delayed payment charges and recovery of fees for dishonor of cheque by the Electricity Companies
- AAAR - Gujarat - Taxability of the amount charged as ‘interest’ by the Del-Credere Agent (DCA) on the short-term loan extended by them to customers
- NAPA - National Anti-profiteering Authority (NAPA) upholds profiteering against builder for not passing ITC benefit in respect of affordable housing to buyers
- CESTAT – New Delhi - Demand of duty unsustainable on the removal of ‘scrap and used moulds’ to Job worker under job work challans for reprocessing/ repairing – Notification number 214/86-CE dated March 25, 1986
We hope you find it useful and an interesting read.