SEBI issues an interpretive letter clarifying related party transaction thresholds for Bajaj Finserv’s subsidiary, impacting insurance and re-insurance agreements.
Kalpit Sultania Vs IREL (India) Ltd (Competition Commission of India) The case Kalpit Sultania vs IREL (India) Ltd was brought before the Competition Commission of India (CCI) for alleged abuse of a dominant position under Section 4 of the Competition Act, 2002. Two primary issues were addressed by the CCI: whether IREL qualifies as an […]
Tamil Nadu GST AAR discusses the admissibility of an advance ruling on fees collected by the Nurses Council, amidst ongoing DGGI investigation.
The Tamil Nadu Medical Council’s advance ruling application was rejected due to ongoing investigations regarding non-payment of GST on registration fees.
GST AAR Tamilnadu clarifies tax rates for truck body building on customer-supplied chassis, determining the applicable 18% rate for services under SAC 998881.
Murata Electronics (India) Pvt Ltd withdraws its GST advance ruling application regarding IGST on FTWZ warehoused goods before home consumption clearance.
Explore how valuation aids MSMEs in securing finance, ensuring growth, and improving creditworthiness in India’s economy.
Supreme Court rules on Input Tax Credit for construction activities, clarifying Section 17(5)(d) of CGST Act 2017 in Safari Retreats case.
The GST Council has exempted Extra Neutral Alcohol from GST for liquor production, addressing dual taxation issues in the Indian alcoholic beverages industry.
Explore Section 11A of the CGST Act, clarifying GST non-recovery due to common practices and its implications for taxpayers.
