The article highlights that trademark conflicts remain a major reason for rejection even when MCA auto-check shows no issue. It emphasizes the need for independent verification and proper NOC documentation.
The new law replaces the 1961 Act to address excessive complexity and scattered provisions built over decades. It simplifies language, removes redundancies, and improves structure while keeping tax rates unchanged.
The analysis shows that lower tax rates under the composition scheme significantly improve liquidity for startups. This enables reinvestment into growth without relying on external funding.
The scheme reduces the cost of filing Form STK-2 significantly. It enables companies to close operations affordably while ensuring compliance with legal procedures.
The update restructures TDS provisions with new section and payment codes while retaining existing rates. It helps taxpayers improve accuracy and compliance in tax deduction reporting.
This explains why GST cannot be levied unless a transaction qualifies as supply under Section 7. It highlights judicial reasoning that proper classification and statutory tests must be applied before tax demand.
The court ruled that Section 67 allows seizure only of goods, documents, and related items, not cash. It held that treating currency as “things” is legally incorrect. The decision reinforces strict interpretation of GST provisions and limits enforcement powers.
The court ruled that GST law does not prohibit inter-state transfer of ITC in amalgamation cases, especially for CGST and IGST components. It held that denial based on portal restrictions without legal backing is invalid. The decision reinforces that statutory provisions prevail over administrative practices.
The court ruled that mere suspicion and marital discord do not meet the legal threshold for abetment of suicide. It emphasized the need for clear proof of instigation and proximate cause.
The court held that once investigation is complete and evidence is secured, continued custody is not justified. Bail can be granted even in high-value GST fraud cases.
