Mobile app version of hashkaro.com
Login or Join
IndiaNEWS

: SC stays Delhi HC order quashing IGST on oxygen concentrators imported for personal use #IndiaNEWS The Supreme Court on Tuesday stayed a Delhi High Court order that ruled that imposing Integrated

@IndiaNEWS

Posted in: #IndiaNEWS

SC stays Delhi HC order quashing IGST on oxygen concentrators imported for personal use #IndiaNEWS
The Supreme Court on Tuesday stayed a Delhi High Court order that ruled that imposing Integrated Goods and Services Tax on oxygen concentrators imported for personal use was unconstitutional, Bar and Bench reported. A bench of Justices DY Chandrachud and MR Shah was hearing a special leave petition filed against the high court order by the Ministry of Finance. The bench noted that the Goods and Services Tax Council had set up a Group of Ministers to consider tax exemption for Covid-19 relief. Attorney General KK Venugopal told the court that a GST Council meeting was scheduled to take place on June 8 to discuss the matter.During the hearing, Justice Chandrachud highlighted that oxygen concentrators imported by government agencies were already exempted from the tax. Venugopal told the judge that the purpose in that case was to distribute oxygen concentrators to the poor, which was not the same when the equipment was imported for personal use, according to Live Law. Venugopal added that the matter was to be discussed on June 8, but the high court’s judgement “tied the hands of the Centre???. The Supreme Court bench said: “It has been submitted that the High Court entered into an area of policy and exemption is based on distinct classification. May be High...Read more


Stock Market NEWS Best intraday tips Intraday Stocks below 100

10% popularity Share & Forward! Do Not Share

0 Reactions   React


Replies (0) Report

Login to follow topic

More posts by @IndiaNEWS

learn stock market

0 Comments

Sorted by latest first Latest Oldest Best

Back to top | Use Dark Theme