The amendment, introduced in Union Budget 2025, seeks to override the Supreme Court's ruling in the Safari Retreats case, ...

Madras High Court held that obtaining GST registration and payment of tax after inspection cannot be said to be voluntary conduct of the assessee. The same amounts to deliberate attempt to evade ...

Sohrab Bararia, Partner, Grant Thornton Bharat, said,"The Union Budget 2025-26 brings a crucial amendment to Section 17(5)(d) of the CGST Act, replacing ‘plant or machinery’ with ‘plant and ...

Against the backdrop of a Supreme Court ruling related to input tax credit, the government has mooted substituting the word 'plant or machinery' with 'plant and machinery' under a section of the ...

In situations where a company like Zee Entertainment Enterprises Ltd. (ZEEL) receives a Goods and Services Tax (GST) notice ...

Six leading pharmaceutical companies, Sun Pharmaceutical Industries, Ipca Laboratories, Indoco Remedies, Aurobindo Pharma, ...

9. Pursuant to the order of the Delhi High Court dated 5th September, 2016 in P. (C) 7851/2016, the Deputy Commissioner ...

In the Union Budget , government proposed to clarify that commercial properties used for leasing purposes are not eligible ...

In Safari Retreats case, the Supreme Court allowed businesses to claim input tax credit (ITC) on properties classified as ‘plant’ under the functionality test ...