Emergency customs relaxations introduced during the maritime crisis expire on 30 April 2026, leaving exporters uncertain. The framework provided procedural relief but failed to address key issues like GST refunds, incentives, and FEMA compliance. Businesses must prepare for stricter rules post-sunset.
The issue was whether contractor deposits could be treated as unexplained credits. The Tribunal held they were genuine trade liabilities, not taxable under Section 68.
The case examines whether stranded compensation cess credit due to GST reform must be refunded or lapsed, impacting working capital across industries.
This explains the constitutional boundary between property tax and GST on land-related activities. The key takeaway is that ownership-based taxation differs fundamentally from activity-based taxation.
This examines whether recent rulings have strengthened or softened bail standards under PMLA. The key takeaway is that courts are balancing strict law with constitutional liberty.
This explains why businesses with strong sales still face loan rejection due to low profitability and poor financial discipline. The key takeaway is that repayment capacity matters more than turnover.
This compares opposing judicial views on GST notifications extending time limits. The key takeaway is that validity depends on force majeure and GST Council approval.
The issue was reopening based on incorrect cash deposit figures exceeding ₹50 lakh. The Tribunal held actual amount was lower, making notice time-barred and invalid.
This explains how courts have imposed strict safeguards on ITC blocking under Rule 86A. The key takeaway is that due process is now mandatory before blocking credit.
The case addressed whether additions can be made under Section 153A without incriminating material. The Court held that such additions are impermissible in completed assessments, reinforcing settled legal principles.
