Importers Not Service Recipients: Madras HC Deletes Ocean Freight Service Tax Under RCM

TVS Srichakra Limited Vs Union of India (Madras High Court) The matter before the Madras High Court involved two sets of Writ Petitions filed by TVS Srichakra Limited against the Union of India. The first set of petitions (W.P(MD)Nos.1139 of 2021 and 14856 of 2022) sought a declaration that Notification Nos. 14/2017, 15/2017, and 16/2017 dated April 13, 2017, issued by the Secretary, Ministry of Finance, were ultra vires. The petitioners argued the notifications traversed beyond the scope of Section 68(2) of the Finance Act, 1994, and thereby offended Articles 14, 19(1)(g), 245, and 269A of th...