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GST VERDICT
ET Prime Special Series: Multibagger or IBC - Part 60: This auto ancillary built its empire on one family. Can it survive the EV test?It began life making bicycle parts in Gujarat, the changed its name and business. That created scale, stability, and growth. A single custo...- Delhi HC rules EY US secondment fees taxable in India, MNCs face higher costs for foreign talentMultinational corporations in India face a new tax challenge following a High Court ruling against EY US. The court determined that payment...
- Online gaming money tax dispute: GST to be charged on full value of the deposit, rules Supreme Court, know how it impacts the playersThe Supreme Court has settled India's online gaming tax dispute. GST will now be charged on the full value of player deposits, not just the...
- More the retro, less the going forwardRecent developments have cast a shadow over government telecom spectrum charges imposed over ten years ago, now being questioned in light o...
- SC orders appointment of DERC chairperson, 2 members within two monthsThe Supreme Court has ordered the Delhi government's selection committee to finalize appointments for the Delhi Electricity Regulatory Comm...
- SC's GST ruling on online gaming: A loaded diceGovernment and state lawmakers have agreed to impose GST on online gaming. This tax will apply retrospectively to curb unregulated wagering...
- SC verdict on GST leaves real-money gaming firms staring at a Rs 92,000-crore questionWednesday’s ruling, backing tax demands on past transactions, could have major financial implications for the sector. A lawyer representing...
- Swiggy CEO on failed shareholder vote; Indian firms brace for MythosHappy Thursday! Swiggy group CEO Sriharsha Majety opened up about the recent hitch to become an Indian-owned company. This and more in toda...
- DGGI set to fire up GST recovery drive against gaming firms after Supreme Court's backingThe Directorate General of GST Intelligence will now aggressively pursue tax recovery from online gaming companies after the Supreme Court ...
- Wake up, smell their coffee: What India needs to do to allay concerns of fleeing foreign investorsThe complexity of India's tax framework is causing hesitation among foreign investors, with recent capital outflows underscoring this issue...
- Foreign betting sites pull a prank on taxmanOffshore gaming firms found a way to use the site name cgstahmedabadzone.gov.in to create additional, fake pages, complete with sub-links t...
- West Bengal elections 2026: The real numbers test for Mamata Banerjee’s command & BJP’s pitchWest Bengal is heading into a high-stakes Assembly election scheduled in two phases on April 23 and April 29 across all 294 seats, with cou...
- GST 2.0 Inverted duty structure hurts FMCG, Pharma: Expert flags concernsIndian enterprises are navigating challenges posed by the Goods and Services Tax. The inverted duty scenario is particularly affecting FMCG...
- GST council’s role only recommendatory, not binding, asserts Madras High CourtThis decision is significant as it provides support to taxpayers facing GST demands solely based on council discussions or clarificatory ci...
- IGST on ocean freight likely to be scrappedExperts said the move is likely to bring much needed relief to the importers, whose refund claims worth over ₹1,000 crore are stuck. "The i...
- Centre working on GST dispute resolution systemPlan includes setting up a dispute redressal bench with representation from states, the Centre, and independent law and tax experts
- SC verdict on GST Council upholds federal rights of States: Kerala FMSC held that the Centre and State governments have simultaneous powers to legislate on GST but the Council must work in a harmonious manner...
- Opposition-ruled states say GST verdict upholds federal rightsTamil Nadu finance minister P Thiaga Rajan said the judgement was in line with what he had been flagging and would discuss the way forward ...
- SC rules GST Council's recommendations are not binding on Centre and statesA bench led by Justice DY Chandrachud held that the Central government and States have simultaneous powers to legislate on Goods and Servic...
- SC agrees to examine power of tax authorities to arrest individual for GST evasionA vacation bench comprising Chief Justice Ranjan Gogoi and Justice Aniruddha Bose issued notice to the Centre and sought its reply on a bat...
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