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Mohit minerals gst ocean freight

WebThe Petitioner filed refund claim of GST paid on ocean freight under Reverse Charge Mechanism (‘RCM’) after decision of Gujarat High Court in the case of Mohit Minerals Private Limited. v. UOI, 2024-VIL-36-GUJ. In Mohit Mineral’s case, the Court held levy of GST on ocean freight under RCM as WebThe Mohit Minerals judgement of Gujarat HC was one of the career milestones for Shashank Shekhar (my former colleague at Advaita) and yours truly - I remember… 13 comments on LinkedIn

Gujarat High Court sets aside IGST on Ocean Freight - TaxGuru

Web24 mei 2024 · Which are the sections of GST laws governing ocean freight? The CGST Act requires the importers to pay IGST at 5% on ocean freight under the Reverse Charge … Web1 jul. 2024 · Mohit Minerals Pvt Ltd has clearly etched its spot as one of the most significant rulings of the recent times. Through the judgement pronounced on 19 May 2024, Honourable Apex Court has held that there would be no separate levy of IGST on transportation costs (i.e. freight) which forms a part of the customs valuation of goods in … general anxiety disorder nice https://cdmestilistas.com

Supreme Court Judgment on Ocean Freight - Wep digital

Web1 dag geleden · Case comment-Comsol Energy Pvt Ltd. In a recent judgement High Court of Gujarat quashed the deficiency memo issued by the revenue department stating that… Web9 jun. 2024 · 364 subscribers. GST on ocean freight: Ruling in the case of Mohit Minerals - Special Talk by Mr. N Venkataraman, Additional Solicitor General of India - June 7, 2024. Web20 mei 2024 · The Supreme Court in its landmark ruling in the case of UOI vs. Mohit Minerals Pvt. Ltd. [C.A. No. 1390 of 2024] has struck down the levy of IGST on … general anxiety disorder treatment plan

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Category:Akash Deep on LinkedIn: Ocean Freight - Mohit Minerals

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Mohit minerals gst ocean freight

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Web22 mei 2024 · AMRG & Associates Senior Partner Rajat Mohan said the Supreme Court has upheld the Gujarat High Court judgement categorizing the levy of IGST on ocean freight … Web15 jun. 2024 · In the last few days, there has been a lot of discussion on the observations made on the aspect of co-operative federalism, scope of recommendations of GST Council, voting mechanism and so on and so forth in the decision of Mohit Minerals. However, when I read the fine print, it is my view the observations on various aspects of GST Law whose …

Mohit minerals gst ocean freight

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Web25 feb. 2024 · The Gujarat High Court has now pronounced its landmark decision in the case of Mohit Minerals Pvt Ltd v. UOI [2024-VIL-36-GUJ] in one such batch of appeals. … Web10 jun. 2024 · In the matter of Mohit Minerals Pvt Ltd, the Supreme Court pronounced judgment by eliminating levy of IGST under reverse charge on Ocean Freight on transportation of goods by vessel from a place outside India to a place in India.

Web1 dag geleden · Ocean Freight - Mohit Minerals - Supreme Court pronounces against Revenue Supreme Court pronounces judgment in Mohit Minerals case (Ocean Freight … Web24 mei 2024 · Ocean Freight - Mohit Minerals - Supreme Court pronounces against Revenue Supreme Court pronounces judgment in Mohit Minerals case (Ocean Freight… Posted by Akash Deep Funny how the grading and assessment in educational institutions is primarily carried out by challenging students through a test / examination meant…

Web22 mei 2024 · Union of India vs. Mohit Minerals Pvt. Ltd. – No GST under RCM on Ocean Freight on CIF basis. by Taxcharcha May 22, 2024 0 1088. On 19 th May 2024, the … Web23 mei 2024 · May 23, 2024. The Supreme Court confirmed the decision of the Gujarat High Court which held that no tax is payable under IGST Act, 2024 by the Indian importer on reverse charge on ocean freight paid by foreign seller to a foreign shipping line. The case is: Union of India v. Mohit Minerals Pvt. Ltd. Read a May 2024 report [PDF 471 KB] …

WebMohit Minerals vs Union of India (UOI) Facts- The importer was liable to make payment of IGST at 5% under RCM (vide notification no. 8/2024) on ocean freight service. Here, both the importer and the supplier are located in the non-taxable territory.

WebMohit Minerals, (2024) 10 SCC 700, where the issue was whether an Indian importer can be subject to the levy of Integrated Goods and Services Tax (IGST) on the component of ocean freight paid by the foreign seller to a foreign shipping line, on a reverse charge basis. general anxiety disorder treatment goalsdeadpool wallpaper 1080 x 1080WebUniformity in GST Law - Difficult proposition for Government to observe the concept of ‘One Nation One Tax’ Mukul Gupta,Prateek Gupta ; Hospital rooms - Taxing health care by levy of GST Dr. Sanjiv Agarwal ; Analysis on Supreme Court judgment in Mohit Minerals - Striking down the levy on ocean freight CA Sri Harsha ; Assessments under GST general anxiety in children