This Tax Alert summarizes the recent Circular issued by the Central Board of Indirect Taxes and Customs clarifying tax treatment of secondary and post-sale discounts under GST.
16 Sept 2025Indirect TaxIndia
This Tax Alert summarizes the recent ruling of the division bench of Sikkim High Court (HC) regarding refund of unutilized input tax credit (ITC) on closure of business, under the Central Goods and Services Tax Act, 2017 (CGST Act).
10 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
06 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
05 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
05 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recent press release issued by the Ministry of Finance on various recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
04 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
04 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
04 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
04 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
04 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recommendations made by the Goods and Services Tax (GST) Council in its 56th meeting held on 3 September 2025.
04 Sept 2025Indirect TaxTax Alerts
This Tax Alert summarizes the recent Mumbai Tribunal decision in a batch of appeals (Taxpayer). The key issues before the Tribunal was whether India-Ireland tax treaty benefits could be denied by invoking the Principal Purpose Test (PPT) as implemented by Multilateral Instrument (MLI) and whether the presence of aircraft in India constitute a Permanent Establishment (PE) of the Taxpayer in India, who was engaged in the business of leasing of aircrafts.
28 Aug 2025Direct TaxTax Alerts
This update is for the Presidential assent being granted to Revised Income Tax (No. 2) Bill 2025 and The Taxation Laws (Amendment) Bill 2025.
22 Aug 2025Direct TaxIndia