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Under the Goods and Services Tax (GST) system, renewable energy devices like solar panels, biogas plants, and windmill parts are charged with a 12% tax, the Government of India cited. Minister of State for Finance, Shri Pankaj Chaudhary, specified the same in the Rajya Sabha. In reply to the question from Member of Parliament Shri […]
In a key development for India’s renewable energy and manufacturing sectors, the Tamil Nadu Authority for Advance Ruling (AAR) has determined that Kanishk Steel Industries Limited, a prominent steel manufacturer is not eligible to claim Input Tax Credit (ITC) on goods and services used solely for the operation and maintenance of its 10.2 MW solar […]
The Calcutta High Court has ruled that the GST (Goods and Services Tax) authorities are allowed to issue separate notices under Sections 73 and 74 of the CGST/WBGST Act for the same tax period, given the basis of each notice is not same, however, it quashed the notice which raised the issued which already dealt […]
The decision of the Authority for Advance Ruling that Goods and Services Tax (GST) is applicable on the value of silver that is extracted from old or used batteries received free of cost from Indian Naval formations has been kept by the Tamil Nadu Appellate Authority for Advance Ruling (AAAR). The silver extracted from the […]
The Karnataka High Court has decided that IGST will not apply to arrangements where employees are temporarily assigned to work for foreign companies. The issue of whether a secondment constitutes a taxable supply of manpower services or a non-taxable employer-employee relationship, which is covered under Schedule III of the CGST Act, was addressed by Justice […]
The Punjab and Haryana High Court has ruled that when someone is called in by the officials from the Directorate General of Goods and Services Tax Intelligence (DGGI), their statement must be taken during regular working hours and with their lawyer present. The Court also highlighted that the individual has the right to ask for […]
In a significant development for regulatory authorities, the Supreme Court has affirmed the Delhi High Court’s decision stating that the fees charged by the CERC and the DERC for electricity supply, the granting of electricity distribution licenses, and other related annual fees are exempt from Goods and Services Tax (GST). This ruling provides clarity on […]
The Jammu and Kashmir High Court has decided that the Department of Home is required to pay back the Goods and Services Tax (GST) to hotel owners. This applies to those hotel owners whose properties have been taken over to provide housing for security forces, in addition to the regular rent they receive. The petitioner, […]
With the easier compliance and supported business growth of the new tax regime, India Inc. has had an overall positive experience with the Goods and Services Tax (GST) over the past eight years; however, transparency in norms and effective dispute resolution are still necessary. Deloitte India’s GST@8 survey highlighted the importance of having better ways […]
