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Supreme Court of India

High Courts must not deny interim relief citing alternative remedy: SC

November 8, 2023 1086 Views 0 comment Print

Assets Care And Reconstruction Enterprises Limited Vs State of Maharashtra & Ors.: Supreme Court rules High Courts must not deny interim relief citing alternative remedy. Analysis and implications.

Zarda/jarda scented tobacco not being specified under MRP based assessment had to be assessed u/s 4 of CE Act

November 6, 2023 1545 Views 0 comment Print

Supreme Court held that Notification No. 2 of 2006 dated 01.03.2006 didn’t specify the goods falling under CET SH 2403 9930, i.e., ‘zarda/jarda scented tobacco’, but it covers the goods falling under CET SH 2403 9910 i.e., ‘chewing tobacco’.

SC Redirects Tax on generation of electricity Disputes to State High Courts

November 4, 2023 852 Views 0 comment Print

The Supreme Court of India directs tax disputes related to electricity generation to State High Courts, granting the Union of India the liberty to expedite resolutions.

SC Dismisses SLP on Availability of Alternative Remedy under CGST Act

November 4, 2023 1140 Views 0 comment Print

Explore the Supreme Court’s decision in Dhan Prakash Gupta vs. CGST Department, highlighting the dismissal of an SLP based on the availability of an alternative remedy.

Bail application of Manish Sisodia in excise policy matter rejected

November 3, 2023 1212 Views 0 comment Print

Supreme Court rejected the bail application of Manish Sisodia, former Deputy Chief Minister of Delhi, who has been alleged to have committed various offences under the Prevention of Corruption Act, 1988 and the Indian Penal Code, 1860 and the Prevention of Money Laundering Act, 2002.

Installation Cables, Outlets Modules, & Fiber Optic Cables falls in Part E of Karnataka Sales Tax Act Schedule: SC

November 2, 2023 528 Views 0 comment Print

Analysis of the Supreme Court judgment on the classification of installation cables, outlet modules, patch cords, and fibre optic cables under Karnataka Sales Tax Act.

Purchase of Shares in Liquidating Company Not Benami Ownership: SC

November 2, 2023 696 Views 0 comment Print

Supreme Court’s verdict on the purchase of shares in a company under liquidation and its impact on benami property ownership. Analysis of P. Eswaramoorthy vs. DCIT case.

Customs Duty Payable for Unfulfilled Export Obligation: SC

November 2, 2023 849 Views 0 comment Print

Supreme Court ruling on customs duty exemption for capital goods imported without meeting export obligations. Detailed analysis of Commissioner of Customs Bangalore vs. Shiva Analyticals (India) Limited.

Financial creditors can initiate CIRP after recovery certificate

November 1, 2023 1098 Views 0 comment Print

Supreme Court held that the recovery certificate itself would give rise to a fresh cause of action entitling a financial creditor to initiate Corporate Insolvency Resolution Process (CIRP).

Gujarat VAT dues ranks equally with secured creditors under IBC 2016: SC

November 1, 2023 1038 Views 0 comment Print

An analysis of whether sales tax dues under Gujarat VAT Act 2003 rank equally with other secured debts in Section 53 of IBC 2016. Review of recent judgments.

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