Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
GST liability for insolvency and receivership services depends on the nature and specific classification of the service, not on whether the Insolvency Professional is enrolled as an Advocate. Insolvency Professionals constitute a distinct statutory class under the Insolvency and Bankruptcy Code and IBBI Regulations, and their services are separately classified from legal services. Applying the principle that a specific service description prevails over a general one, services rendered by an Advocate as an Interim Resolution Professional fall outside the reverse-charge category for legal services. Forward charge therefore applies, requiring GST registration, compliant invoicing and related compliance; reverse charge remains limited to legal services rendered in the Advocate's professional capacity.
GST liability for insolvency and receivership services depends on the nature and specific classification of the service, not on whether the Insolvency Professional is enrolled as an Advocate. Insolvency Professionals constitute a distinct statutory class under the Insolvency and Bankruptcy Code and IBBI Regulations, and their services are separately classified from legal services. Applying the principle that a specific service description prevails over a general one, services rendered by an Advocate as an Interim Resolution Professional fall outside the reverse-charge category for legal services. Forward charge therefore applies, requiring GST registration, compliant invoicing and related compliance; reverse charge remains limited to legal services rendered in the Advocate's professional capacity.
Note: It is a system-generated summary and is for quick reference only.
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