SC issues notice in
Revenue’s SLP, stays operation of Delhi HC’s interim order which had allowed
petitioner to utilize credit of ‘Clean Energy Cess’ paid on stock of coal
towards payment of Compensation Cess leviable in terms of GST Compensation
Rules r/w Notification No. 1/2017-Compensation Cess (Rate); Finding prima facie
merit in challenge to legislative competence of Parliament to enact
Compensation Act, HC had observed that power of Parliament to enact said Act
cannot be traced to Section 18 of Constitution (One Hundred and First
Amendment) Act, 2016; Accordingly, HC had barred additional payment on sale and
clearance of stocks of coal which have already suffered Clean Energy Cess,
while listing matter for hearing on October 26 : SC
Subscribe to:
Post Comments (Atom)
-
Particulars in Part 1 and Part 2 of Step-2 of registration form are required to be exactly the same as reported in the TDS statement. Plea...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
When India introduced the Goods and Services Tax (GST), it created a big change in the way companies handle their taxes. Earlier, business...
-
In this post, I will discuss Secretarial Standards related to Proxies under SS – 2. Right to Appoint: A Member entitled to attend and ...
-
What is a Digital Signature? Answer: A digital signature authenticates electronic documents in a similar manner a handwritten signatur...
-
Companies often give gifts to their employees to boost morale, celebrate achievements, and promote a positive work environment. Such gifts ...
-
LEASE-DEED (A brief Introduction) Lease defined. A lease of immovable property is a transfer of a right to enjoy such property, mad...
-
This Tax Alert summarizes the recent advisory issued by Goods and Services Tax Network (GSTN) on hard-locking of auto populated values in...
-
Section 150 of the Finance (No. 2) Act, 2024, specifies that taxpayers will not receive refunds for taxes paid or input tax credits (ITC) re...
No comments:
Post a Comment