The Madras High Court while quashing the CBIC Circular in respect of fish meal used for making cattle / poultry / aquatic feed held that the CBIC is not empowered to issue clarification on GST rate. The petitioner, Jenefa India, is a manufacturer of fish meal. The fish meal produced by the petitioner comes in powder form. The petitioner is registered under the Goods and Services Tax Department, within the jurisdiction of the third respondent and it is an assessee on the file of the officers subordinate and under the administrative control of the respondent.
Source Taxscan
Latest Posts in "India"
- India Unveils Simplified GST Rate Structure
- GST 2.0: Key Changes, New Rates, and Business Impact Explained
- India Reduces GST on Solar and Wind Equipment to 5%, Cutting Renewable Energy Project Costs
- India Unveils Next-Gen GST: Simplified Tax Structure, Lower Rates, Boosts Business and Affordability
- Guide to GST Refunds for Unregistered Persons: Cancelled Service Contracts Explained