Register Daily Newsletters My Bookmarks My Queries (D. Forum) My Replies (D. Forum) My Articles My Inbox (PM) Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding

   For Sales / Support:
WhatsApp WhatsApp 9911796707
Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Unfair tax adjudication under UP GST Act -...     TaxTMI    GST Notification Struck Down: Court Cites Lack of...     TaxTMI    GST assessee's Input Tax Credit claim denied...     TaxTMI    CGST notice consolidating multiple years flawed,...     TaxTMI    Intermediaries penalized for negligence in...     TaxTMI    Unsecured financial creditors take precedence over...     TaxTMI    Jurisdiction upheld for State GST Officer to issue...     TaxTMI    Tax registration cancellation based on unrecorded...     TaxTMI    Refund of IGST from e-cash register allowed despite...     TaxTMI    Apex court strikes down GST circular on ITC refund...     TaxTMI    Importer's misdeclaration doesn't make Customs...     TaxTMI    Modified resolution plan deleting non-compliant...     TaxTMI    Tax laws upheld: Delayed challenge of GST...     TaxTMI    Jurisdictional officer's income tax reassessment...     TaxTMI    Valuation of Leasehold Rights for Capital Gains:...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
GST - Highlights / Catch Notes

Home Highlights September 2024 Year 2024 This

GST levy on supply of free power questioned - whether free power ...


Govt's Free Electricity Compensation for Hydro Projects: GST Liability Questioned.

Case Laws     GST

September 27, 2024

GST levy on supply of free power questioned - whether free power supplied as compensation to States for distress caused by hydro power projects can be considered "consideration" for services rendered by States to attract GST. Held: Petitioner's contentions have force that free electricity may not constitute "consideration" but "compensation", raising doubt on leviability of GST. Respondents cannot treat free electricity as consideration for alleged services by State as supplier. Interim stay granted on further proceedings pursuant to Annexure P-1 dated 14.06.2024 considering petitioner is government company and huge liability imposed despite contrary view by Central Excise Department. Matter listed on 18.11.2024.

View Source

 

← Previous Next →

 

You may also like:

  1. Exemption from GST - supply of, services viz. execution of the civil works of Pazhassi small hydro electric project - The Kerala State Electricity Board Ltd falls under...

  2. Goods and Services Tax Notification issued in Central GST, Integrated GST, UT GST, Compensation Cess etc.

  3. Scope of advance ruling (AAR) - The ruling is sought on two questions: GST applicability on electricity produced from solar panels and on services provided by KSEB. -...

  4. GST Rates - HSN Code - Imported coal will attract GST compensation cess @ ₹ 400 per tonne.

  5. Levy of GST - transmission or distribution of electricity services provided by them is exempt from GST - various charges collected along with network/wheeling charges,...

  6. Profiteering - construction of project - benefit of ITC not passed on to the buyers - all the relevant events for the project “Epic” took place in GST regime and the...

  7. TDS liability u/s 194A - Interest received on compensation for agricultural land - Award of Compensation - It is infact an enhanced compensation - No TDS liability.

  8. CENVAT Credit - generation of electricity which, later on, is cleared to its sister unit - The Appellate Tribunal finds that the appellant is indeed entitled to Cenvat...

  9. Liability of GST - Funds received from Govt. of Kerala for paying the cost of the water metro project - the services rendered by the applicant to the Government of...

  10. Additions as interest income - compensation received by the assessee - As the business of assessee was set up and had started and there was huge investment made by...

  11. Levy of GST - free replacement under guarantee period - That under guarantee and free replacement no consideration shall be chargeable from the buyer against the supply...

  12. Levy of GST - procurement of services or material from Govt./Govt. Authority - The applicant is covered under local authority - exempted from GST

  13. Govt all set to ring in GST at stroke of June 30 mid-night

  14. GST - FAQ - CBEC issues Frequently Asked Questions on GST

  15. Govt introduces Constitution Bill in LS for GST

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
N: Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold ...
F: GST ON RREP ON ONGOING PROJECT 01-04-2019 IF DECLARATION IN FORM IV NO...
F: ITC on second havd vehicle purchase
H: Property re-attachment after legal expiry held invalid, bank accounts ...
H: GST Rules: Blocking ITC Ledger Only for Available Credit, Not Past Uti...
H: Govt's Free Electricity Compensation for Hydro Projects: GST Liability...
H: Tax recovery challenged, court allows belated appeal with partial stay.
H: Accused granted bail after probe into tax evasion via bogus firms.
H: Tax credit denial set aside; authorities to consider claim as per cour...
H: Legal notice issued to deceased person void, reassessment proceedings ...
H: Tax evasion trial upheld despite no taxable income.
H: Tax Liability Shift Unlawful: Employer's Default Can't Burden Employees.
H: Trust can pay trustees' fees without losing tax exemption. Depreciatio...
H: Aircraft leasing income not taxable as royalty under India-Ireland DTA...
H: Controversy over Corporate Social Responsibility expenses deduction un...
H: Work progress tracked properly, income offered after completion. Advan...
H: Unexplained cash credits challenged due to lack of incriminating evide...
H: Bogus share capital infusion with unexplained premium rejected as asse...
F: GST on Hotel Agent commission portion or whole invoice value
A: There is no provision to disclose the route of transportation of goods...
A: GST on Mobile Phones: Understanding the Tax Structure
A: Invoice Management System – New Compliance – Part 1
A: Registered Person eligible to avail ITC on capital goods used in insta...
C: Reduction in the timeline for listing of debt securities and Non-conve...
N: Securities and Exchange Board of India (Delisting of Equity Shares) (A...
A: BELATED GENERATION OF E-WAY BILL
A: Appellate Authority can quash the order of refund which was based on a...
A: Extended period of demand is unsustainable if there is no malafide int...
N: Insolvency and Bankruptcy Board of India (Insolvency Resolution Proces...
A: Demand Order cannot be passed without issuance of SCN