2020 (3) TMI 1183

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..... Ms. K. Nancy, Advocate for the Appellant Ms. K. Komathi, Authorized Representative for the Respondent ORDER Per Anil G. Shakkarwar: The appellant is providing financial services and gives loans. For recovery of loans, the appellant collects post-dated cheques. There are instances when post-dated cheques after being presented to bank get dishonoured. The bank collects charges for dishonouring .....

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..... are reimbursable expenses. In this regard, she has relied on the ruling of Supreme Court in the case of Union of India Vs M/s. Intercontinental Consultants and Technocrats Pvt. Ltd., reported in 2018 (10) G.S.T.L.401 (S.C.) and argued that the Hon'ble Supreme Court have struck down the provisions of sub-rule (5) being ultra vires of section 67 of the Finance Act, 1994. 3. The learned Authorised R .....

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