#AdvanceRuling

[jhasravi]

DRI Officers can issue Show Cause Notices (SCN)- Decoding the contours of The Customs Act, 1962

DRI Officers can issue Show Cause Notices (SCN)- Decoding the contours of The Customs Act, 1962

“Indirect Tax I Customs & FTP I Arbitration I Litigation I Advisory I Central Licensing” Dated: 15.11.2024 DRI Officers can issue Show Cause Notices (SCN)- Decoding the contours of The Customs Act, 1962 The Supreme Court on November 07th, 2024 held that the officers of the Directorate of Revenue Intelligence(DRI) have the power to exercise powers under the Customs Act, 1962 to issue show-cause…

[manimarank]

4.7. Is Health care services (Wellness package) along with accommodation facility attract GST?

4.7. Is Health care services (Wellness package) along with accommodation facility attract GST?

ADVANCE RULING SERIES – PART 7 AAR.NO: GUJ/GAAR/R/25/2020 DT: 09.07.2020 M/S. NIMBA NATURE CURE VILLAGE, THE UNIT OF M/S. OSWAL INDUSTRIES LIMITED

FACT OF THE CASE:

M/s. Nimba Nature cure village is a unit of M/s. Oswal Industries Limited. The applicant has stated that this is one of the largest Naturopathy centers in India and offers physical, psychological and spiritual health…

[lawcrux321-blog]

Advance Ruling

M/s. Membrane Filters v/s Shri B. V. Borhade, Joint Commissioner of State Tax, Shri Pankaj Kumar, Joint Commissioner of Central Tax. Order dated 09/07/2018

Issue: What is the rate & HSN code of GST is applicable (after it’s introduction from 1st July 2017) when Extracting water from tube well, passing it through treatment plant of removing unwanted contaminants like Iron from ground water and eventually lifting it to overhead tank (in short the scheme) runs on solar power.

Crux: TSH 9954 is applicable to the subject contract of Extracting water from tube well, passing it through treatment plant of removing unwanted contaminants like Iron from ground water and eventually lifting it to overhead tank and the same would attract a tax rate of 12% (6% each of CGST and MGST). Source:- https://mahagst.gov.in/…/GST%20ARA%20ORDER-MEMBRANE%20FILTE… summary :- http://www.lawcrux.com/data6t/gt/sum_mah_55.htm

#gst #advanceruling #gstupdates #lawcrux #gstnews #gstebook#ebookongst

[jhasravi]

Government Of India Amends BCD Rates Under India-UAE CEPA

Government Of India Amends BCD Rates Under India-UAE CEPA

“Indirect Tax I Arbitration I Insolvency Advisory I Litigations” DATED: 14.06.2024 India Signed a Free Trade Agreement (FTA) On 18-Feb 2022 with UAE to boost bilateral Economic Partnership through CEP agreement. In order to facilitate the imports of goods from UAE the Indian customs department has revised the Import Basic Customs Duty (BCD) on the products that originate from the UAE and are…

[jhasravi]

Customs Advance Ruling application is not maintainable when the BoE is Provisionally assessed

“Indirect Tax I Arbitration I Insolvency Advisory I Litigations” Dated: 13.06.2024 Customs Advance Ruling application is not maintainable when the BoE is Provisionally assessed The applicant M/s LS Metal Vina LLC, Land plot CN1H, Deep C 2B Industrial zone, Dinh vu – Cat Hai economic zone, Dong Hai 2 ward, Hai An district, Hai phong city, Vietnam are the manufacturers and exporters of Copper…

[jhasravi]

Valuation Methodology in CEX Appeal- CESTAT New Delhi in Denso India case

Valuation Methodology in CEX Appeal- CESTAT New Delhi in Denso India case

“Indirect Tax I Arbitration I Insolvency Advisory I Litigations” Dated: 20.03.2024 Valuation Methodology in CEX Appeal- CESTAT New Delhi in Denso India case The principal bench of CESTAT at New Delhi has passed an order stating that “Notional cost of drawings and designs supplied free of cost cannot be included in the assessable value of the parts and components”. Case: Denso India Private…

[manimarank]

ARE INTEREST INCOME RECEIVED BY INDIVIDUAL ATTRACT GST?

ARE INTEREST INCOME RECEIVED BY INDIVIDUAL ATTRACT GST?

ADVANCE RULING CASES – PART 3

AAR NO: KAR ADRG 30/2020 – DT: 04.05.2020 – M/S. ANIKUMAR AGARWAL

FACT OF THE CASE:

The applicant is an unregistered person and is in receipt of various types of income / revenue. The applicant sought advance ruling in respect of income or revenue. It is observed that only one question is covered under section 97(2)(f) of the CGST Act, 2017, that too in an…