AAAR Goa declined to examine fresh arguments on taxability and upheld the reverse charge liability on charges collected by Goa PWD. The authority held that new issues cannot be raised for the first time at the appellate stage.
The Goa AAAR held that drinking water supplied through tankers to IIT Goa students is GST-exempt because the exclusion for purified water had already been removed from Entry 99. The ruling emphasizes that the amended notification must be applied for supplies made after 18 July 2022.
The Haryana AAAR held that Brake Hoses are primarily composed of vulcanized rubber and retain their essential character as rubber hoses. Accordingly, they were classified under HSN 4009 and made taxable at 18% GST.
The Haryana AAAR held that consulting and market support services provided to a Malaysian company were intermediary services under the IGST Act. As the place of supply was held to be in India, the services did not qualify as exports or zero-rated supplies.
The article examines the critical role advocates play in safeguarding constitutional rights and ensuring access to justice. It argues that stronger welfare and institutional support for advocates is vital for preserving democracy and the rule of law.
The article explains the Digital Personal Data Protection Act, 2023, including its scope, key definitions, individual rights, and compliance requirements. It highlights how the law strengthens digital privacy while imposing responsibilities on organizations handling personal data.
The article examines whether the Income Tax Amendment Bill, 2026 expanded CMA authority to bank audits. It clarifies that while CMAs gained a larger role in tax-related work, statutory and concurrent bank audits remain reserved for Chartered Accountants.
The Gujarat High Court upheld the constitutional validity of Section 16(2)(c) of the CGST Act, holding that ITC is unavailable if the supplier fails to deposit GST. The key takeaway is that bona fide purchasers remain subject to statutory ITC conditions despite having fulfilled their own obligations.
The High Court held that assignment of leasehold rights amounts to transfer of an interest in immovable property and not a supply of services. The ruling clarifies that such transactions fall outside the scope of GST.
The article explains when Audit Committee, Board, and shareholder approvals are required for Related Party Transactions. It provides a practical framework for determining the correct approval level under the Companies Act and SEBI regulations.
