The proposed regulations prescribe timelines, subscription periods, allotment procedures, and monitoring of issue proceeds ...

The AAR held that the ITC restriction under Notification 08/2018 applies only to the used motor vehicles themselves. Dealers can claim ITC on refurbishment, marketing, rent, and other business ...

The Karnataka AAR held that corpus funds collected by apartment associations are advances for future services and therefore ...

Section 74A replaces the earlier Sections 73 and 74, creating a unified framework for tax recovery in cases of short payment, erroneous refunds, and wrongful ITC. The provision simplifies GST ...

The Authority ruled that solid waste management services provided to a Gram Panchayat qualify as exempt “pure services” under Notification 12/2017 as they relate to sanitation functions under Article ...

The tribunal held that installation and HVAC works involved supply of materials such as piping and wiring on which VAT was ...

The Court held that a single show cause notice under Section 74 of the CGST Act cannot cover multiple financial years. Such ...

The authority imposed penalties after a company filed Form PAS-3 35 days late following a rights issue allotment. The order ...

The authority declined an advance ruling request on roasted areca nut classification after noting that the issue had already been decided by the Madras High Court, leaving no scope for ...

The Karnataka High Court ruled that refund of accumulated ITC under Section 54(3)(ii) cannot be denied merely because the ...

The Tribunal found that the authority misapplied the law by relying on provisions relating to donor deductions rather than approval conditions for institutions. Since the trust fulfilled statutory ...

The consultation paper proposes a regulatory framework governing preferential issues and QIPs by IFSC-listed entities, focusing on disclosure norms, investor protection, and streamlined capital ...