The case examined whether GST rate cuts were passed on to consumers. The authority held that increasing base prices instead of reducing ticket prices violated Section 171, resulting in confirmed profiteering and refund directions.
The initiative aims to assess system performance across parameters like security and availability. It mandates periodic evaluation to enhance reliability of market infrastructure.
The Government confirmed that tribunals allowed flat registration where buyers had paid dues and taken possession. The ruling emphasizes protection of homebuyers despite developer insolvency.
This article explores how the internet has transformed organized crime from local syndicates into global cyber networks. It highlights the shift to digital tools like cryptocurrency and encryption, making crime more scalable and harder to detect.
Simultaneous tax disputes before domestic courts and international tribunals can produce conflicting outcomes. The article proposes binding arbitration and legal coordination to resolve the conflict.
The case clarifies that capital gains tax arises upon execution of a registered sale deed, even if payment is not received. It highlights that the right to receive consideration is sufficient to trigger tax liability.
Notification No. 07/2026-Customs exempts Aviation Turbine Fuel imports from additional customs duty equivalent to Special Additional Excise Duty with immediate effect.
Centre amends Central Excise Rules to exclude petrol, diesel and ATF exports from duty-free or rebate provisions, except exports by PSUs to Nepal, Bhutan, Bangladesh and Sri Lanka.
The issue concerns continuation of an earlier excise notification. The government rescinded it prospectively while protecting past actions, ensuring legal continuity.
Notification No. 12/2026-Central Excise amends Notification 4/2019 to exclude petrol and diesel cleared for export, except exports by PSU oil firms to select countries.
