Verdicts under indirect tax

Electronic Credit Ledger (ECL) could not be debited for purposes of making payment of pre-deposit of tax.

Act: Central Goods and Services Act, 2017 Facts of the case: The Petitioner is a partnership firm engaged in the business of execution of works contract [...]

No Tax demand can be issued or raised without issuing notice under section 74(1) of the Act

vide decision of High Court of Telangana in Deem Distributors (P.) Ltd. v. Union of India Facts of the case: The petitioner is a partnership firm and is [...]

Where appellant was given excess subsidy of 25 per cent under Rajasthan Investment Promotion Scheme-2003, appellant was directed to refund same with interest of 12 per cent per annum

Vide decision of Supreme Court of India in ultratech Cement limited vs. State of rajasthan. Facts of the case: Apellant company was engaged in business [...]

Composite supply of goods and services and regular supply are differentiated.

A finding as regards composite supply must take into account supplies as effected at a given point in time on 'as is where is' basis. In particular instances [...]