Government Directed to Release Pending Payments to SSI for Completed Public Work; Arbitrary Withholding Violates Article 14: Jammu and Kashmir High Court
The Bombay High Court has set aside a tax demand order amounting to ₹705.79 crore raised under the Integrated Goods and Services Tax Act, 2017 (IGST Act) for the financial year 2020–21. The dispute involved whether services rendered by the Petitioner to overseas clients were intermediary services and thus taxable within India or qualified as an export of services and exempt from tax. Tax Authorities Treat Services as Intermediary Supply…