Indirect Tax Weekly Digest | 04 October 2023
04 October 2023
Read more about Indirect Tax Legislative and Judicial updates and Foreign Trade Policies in ‘The Indirect Tax Weekly Digest’ by BDO in India.
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Gujarat High Court - Refund cannot be denied merely because 2 refund applications were filed for the same tax period.
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Karnataka AAR - Subsidies received from the Central/State Government cannot be excluded from the value of supply if such subsidy does not affect the value of supply.
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Telangana AAR - Input Tax Credit availed on goods destroyed by fire is required to be reversed even if the destroyed goods are sold as scrap.
We hope you find it useful and an interesting read.