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CBEC Circular 46/2017-Cus - certainly not innocuous!


CBEC Circular 46 of 2017cus certainly not innocuous

The humble view of the Author is that the issue is not so much about the applicability of IGST as it is of the time,manner and value to be determined for such levy and collection of IGST. It is also about the interdependence of the IGST Act on the Customs Legislations for its operation for levy and collection,not to speak of the possible revenue neutrality that incidentally pre exist by accident through availability of ITC.The whole body of jurisprudence around the subject should be desirably built by a definite design rather than by an accident, with a view to be free from any ambiguity and dispute is my only concern in expressing the above views pl.
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Sonal Arora 01/12/2017

 

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