Facts of the Case
Popular Motor World Pvt. Ltd., engaged in the business of sale
of motor vehicles, approached the Kerala High Court raising the question
whether amounts collected as Tax Collected at Source (TCS) under the provisions
of the Income-tax Act, 1961 could form part of the taxable value of supply
under the GST regime in the course of sale of motor vehicles.
The petitioner contended that the amount of TCS collected
under the Income-tax Act could not form part of the taxable value of supply for
the purpose of levy and collection of GST.
During consideration of the writ petition, it was not disputed
before the Court that the issue had subsequently been clarified through
Circular No. 76/50/2018-GST-Central Tax, as corrected by the corrigendum dated
07.03.2019. The clarification provided that TCS collected under the Income-tax
Act, 1961 would not form part of the taxable value for determining GST payable
on the sale of motor vehicles.
Issues Involved
The principal issue before the Kerala High Court was:
Whether Tax Collected at Source (TCS) under the
provisions of the Income-tax Act, 1961 is includible in the taxable value of
supply for determining GST liability on the sale of motor vehicles under
Section 15(2) of the CGST Act, 2017?
The matter also involved consideration of the scope of Section
15(2) of the CGST Act, which provides for inclusion in the value of supply of
certain taxes, duties, cesses, fees and charges levied under laws other than
the specified GST enactments, where separately charged by the supplier.
Petitioner’s Arguments
The petitioner contended that:
- The
amount collected as TCS under the Income-tax Act, 1961 should not form
part of the taxable value of supply under GST.
- TCS
collected during the sale of motor vehicles could not be treated as part
of the consideration or taxable value for the purpose of computation of
GST.
- Accordingly,
GST should not be levied on the amount collected as TCS under the
Income-tax Act.
Respondent’s Arguments
At the stage when the matter was taken up for consideration,
it was not disputed before the Court that the controversy had been clarified by
Circular No. 76/50/2018-GST-Central Tax, as corrected by Corrigendum No.
76/50/2018-GST dated 07.03.2019.
The applicable clarification stated that, for determination of
the value of supply under GST, TCS under the Income-tax Act, 1961 would not be
includible because it is an interim levy not having the character of tax.
Therefore, the issue raised in the writ petition stood
governed by the clarification issued by the competent authority.
Court Order / Findings
The Kerala High Court observed that the issue raised in the
writ petition had already been clarified through Circular No.
76/50/2018-GST-Central Tax dated 31.12.2018, as corrected by the corrigendum
issued on 07.03.2019.
The Court noted the clarification concerning the valuation
methodology for determining GST on TCS under the Income-tax Act, 1961. The
clarification recognised that:
- Section
15(2) of the CGST Act specifies that the value of supply shall include
specified taxes, duties, cesses, fees and charges levied under laws other
than the CGST Act, SGST Act, UTGST Act and GST (Compensation to States)
Act, where separately charged by the supplier.
- However,
for determining the value of supply under GST, TCS collected under the
Income-tax Act, 1961 is not includible because it is an interim levy not
having the character of tax.
In view of this clarification, the Court held that the issue
raised in the writ petition no longer required adjudication.
Accordingly, the writ petition was closed, with the
express clarification that the issue would stand governed by Circular No.
76/50/2018-GST-Central Tax dated 31.12.2018, as corrected by Corrigendum No.
76/50/2018-GST dated 07.03.2019.
Important Clarification
The significant legal clarification emerging from the order is
that:
Tax Collected at Source (TCS) under the Income-tax
Act, 1961 does not form part of the taxable value of supply for determining GST
liability on the sale of motor vehicles.
The reason recorded in the applicable GST clarification is
that such TCS is an interim levy not having the character of tax for the
purpose of determination of the value of supply under GST.
Therefore, while Section 15(2) of the CGST Act provides for
inclusion of specified taxes, duties, cesses, fees and charges in the value of
supply, TCS under the Income-tax Act is not includible in the taxable value for
GST valuation on the basis of the applicable circular and corrigendum.
Sections / Legal Provisions Involved
Section 15(2) of the CGST Act, 2017
The provision was relevant because it deals with components
required to be included in the value of supply, including certain taxes,
duties, cesses, fees and charges levied under laws in force, other than the
CGST Act, SGST Act, UTGST Act and GST (Compensation to States) Act, where
separately charged by the supplier.
Income-tax Act, 1961 – TCS Provisions
The dispute concerned the treatment of amounts collected as
Tax Collected at Source under the Income-tax Act, 1961 during the sale of motor
vehicles.
Circular No. 76/50/2018-GST-Central Tax dated
31.12.2018
The Circular addressed, among other matters, the correct
valuation methodology for determining GST in relation to TCS under the
Income-tax Act, 1961.
Corrigendum No. 76/50/2018-GST dated 07.03.2019
The corrigendum clarified the position that TCS under the Income-tax Act, 1961 would not be includible in the value of supply under GST because it is an interim levy not having the character of tax.
Link to Download the Order-https://mytaxexpert.co.in/uploads/1783490908_1501compressed.pdf
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