Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
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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