Indirect Tax Digest | 11 April 2025
Indirect Tax Digest | 11 April 2025
Read more about Indirect tax Legislative and Judicial updates and Customs and Foreign Trade Policy in ‘The Indirect Tax Fortnightly Digest’ by BDO in India.
HIGHLIGHTS
- Supreme High Court - Time limit for rectification of returns does not apply for bona fide clerical/ arithmetic errors that do not cause loss of revenue.
- Karnataka High Court - Appeal cannot be rejected due to non-payment of pre-deposit if the same is paid before the expiry of the time limit for filing the appeal.
- Orissa High Court - Central Tax Authorities cannot issue an Order after initiation of audit by the State Tax Authorities.
- AAR Gujarat - ITC is not eligible on expenditure incurred for buyback of shares.
- CESTAT Chandigarh - Promotional and Marketing Support Services provided to overseas entity cannot be considered as ‘intermediary’ services.