BST Steels Pvt. Ltd Vs Superintendent of Central Tax
- Court:
- High Court
- Bench:
- Telangana
- Date:
- September 26, 2023
- Type:
- Writ Petition
- Members:
- P SAM KOSHY, LAXMI NARAYANA ALISHETTY
Subject
GST under RCM is payable on the guarantee/security provided to a bank by the Managing Director of a company.
Summary
The case concerns the challenge to an order passed by the respondent authorities affirming the liability to pay GST on the guarantee/security provided to a bank by the Managing Director of a company. The petitioner sought exemption from payment of GS…
Judgement
FULL TEXT OF THE JUDGMENT/ORDER OF TELANGANA HIGH COURT The present writ petition has been filed assailing the order dated 31.03.2023 passed by the respondent No.3/Additional Commissioner, (Appeals-II) vide Appeal No: 48/2022 (SC) GST, affirming the order dated 18.11.2021 passed by the respondent No. 1/The Superintendent of Central Tax vide ORDER-IN­ORIGINAL NO. 02/2021-22-(GST). 2. Heard Sri…