The Delhi High Court has issued notices to the Union government, the GST Council and the Central Board of Excise and Customs (CBEC) over the issue of double taxation on imported goods sold from one Customs-bonded warehouse to another.
The matter would come up for hearing on March 8.
Abhishek Rastogi of Khatian & Co said the issue relates to a Customs circular that has raised fears of the government imposing integrated goods and services tax (GST) twice on these kinds of transaction. Also, the company paying the taxes will not be able to get input tax credit,
The matter would come up for hearing on March 8.
Abhishek Rastogi of Khatian & Co said the issue relates to a Customs circular that has raised fears of the government imposing integrated goods and services tax (GST) twice on these kinds of transaction. Also, the company paying the taxes will not be able to get input tax credit,