Indirect Tax Weekly Digest | 08 August 2023
Indirect Tax Weekly Digest | 08 August 2023
Read more about Indirect Tax Legislative and Judicial updates and Foreign Trade Policies in ‘The Indirect Tax Weekly Digest’ by BDO in India.
Highlights
- Calcutta High Court - ITC cannot be denied to a recipient unless the Tax Authorities initiate action against the defaulting supplier.
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Jharkhand High Court - Approval of resolution-plan by National Company Law Tribunal extinguishes past credit and liabilities.
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CESTAT Mumbai - Obligation discharged by the co-venturer is not subject to Service tax.
We hope you find it useful and an interesting read.