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SC Grants Relief to InterGlobe & SpiceJet, Rejects Customs' Review Plea in IGST Dispute

ET LegalWorld•
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Read full article →legal.economictimes.indiatimes.com

Summary

AI-Generated
  • The Supreme Court has granted relief to aviation firms InterGlobe and SpiceJet by dismissing review petitions from the customs department.
  • These petitions aimed to impose retrospective integrated goods and services tax on reimported aircraft and parts.
  • The ruling marks a significant victory for the airlines in their ongoing tax dispute.
  • This decision could set a precedent for similar cases involving the aviation sector and taxation issues.

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