Levying of IGST on Oxygen concentrators imported for personal use or as a gift to resume
June 02, 2021
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The Supreme Court stayed the Delhi High Court decision to quash the May 1 notification that prescribes IGST at 12 per cent on Oxygen concentrators imported for personal use
Individuals will now have to to pay Integrated Goods and Services Tax (IGST) on Oxygen concentrators imported from abroad for personal use or as a gift.
This follows the Supreme Court decision to stay the Delhi High Court decision to quash the May 1 notification that prescribes IGST at the rate of 12 per cent on Oxygen concentrators imported for personal use. This rate will be applicable till June 30 and if not extended or exempted, the rate will be 28 per cent.
A special bench of Justices DY Chandrachud and M R Shah issued notice on the plea and sought response from the petitioner, who filed a PIL before the high court.
SC stays HC order on levy of IGST on imported oxygen concentrators for personal use PTI
Updated Jun 1, 2021, 12:55 pm IST
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A special bench of Justices DY Chandrachud and M R Shah issued notice on the plea and sought response from the petitioner, who filed a PIL before the high court. (AFP)
New Delhi: The Supreme Court on Tuesday stayed the operation of a Delhi High Court order holding as unconstitutional the imposition of the Integrated Goods and Services Tax (IGST) by the Centre on import of oxygen concentrators by individuals for personal use.
The Ministry of Finance in an appeal said that the High Court encroached into policy by quashing the May 1 notification, which had imposed 12% IGST on concentrators imported for private use or as a gift.