Bombay HC to examine IGST levy on imports under Customs & IGST Act

Bombay HC issues notice in writ petition challenging levy of IGST on import of goods under provisions of Section 3(7) of Customs Tariff Act, 1975 (CTA) and Section 5 & 7(2) of IGST Act, 2017; Petitioner has contended that in the absence of charging provision under Customs Act, 1962 or under CTA specifically referring to a charge of duty of customs, the charge for levying IGST would fail; Further, Petitioner have argued that IGST exemption on Capit...