Delhi HC issues notice to Revenue over double taxation of warehoused goods
Delhi HC issues notice to Revenue in writ petition questioning dual levy of IGST on imported warehoused goods i.e. (i) at time of sale (payable by importer-seller), and (ii) ex-bond stage (payable by domestic buyer); Assessee has filed writ petition pursuant to CBEC Circular No. 46/2017-Cus, while raising an apprehension that Company paying such tax may not be able to get full ITC; HC lists the matter on March 8, 2018: Delhi HC...