Withdrawal of obsolete FEMA circulars streamlines rules on external commercial borrowings, non-resident bond investments, and money transfer sub-agent...
Departmental appeal limitation after call-book recall preserves original filing, while documented correlation supports SAD refund on imported granules...
Income-tax prosecution fails when appellate remand removes its factual foundation; directors require company arraignment for vicarious criminal liabil...
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GST reimbursement for ongoing works may cover the net additional burden arising from GST introduced after bidding where tender rates were inclusive only of taxes applicable at that time. Government measures addressing GST impact on continuing contracts support compensation once the additional liability is verified. A pre-bid clarification concerning future taxes cannot supersede inconsistent tender terms. Refusal of verified reimbursement, particularly where similarly placed contractors receive different treatment, raises arbitrariness and equality concerns under Article 14.
GST reimbursement for ongoing works may cover the net additional burden arising from GST introduced after bidding where tender rates were inclusive only of taxes applicable at that time. Government measures addressing GST impact on continuing contracts support compensation once the additional liability is verified. A pre-bid clarification concerning future taxes cannot supersede inconsistent tender terms. Refusal of verified reimbursement, particularly where similarly placed contractors receive different treatment, raises arbitrariness and equality concerns under Article 14.
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