Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
Working-capital adjustment determines whether software-services transfer-pricing margins fall within the statutory tolerance range, eliminating any ad...
Permanent establishment deductions upheld for expatriate salaries, direct costs and trading losses, while head-office costs require fresh classificati...
Cancellation of GST registration of the petitioner with retrospective effect - The High court modifies the impugned order to address the petitioner's concerns. The court orders that the registration be treated as cancelled from the date of issuance of the Show Cause Notice, i.e., 19.05.2023, instead of the earlier retrospective date. However, the court clarifies that this modification does not preclude the respondent from taking further steps for the recovery of any outstanding tax, penalty, or interest in accordance with the law.
Cancellation of GST registration of the petitioner with retrospective effect - The High court modifies the impugned order to address the petitioner's concerns. The court orders that the registration be treated as cancelled from the date of issuance of the Show Cause Notice, i.e., 19.05.2023, instead of the earlier retrospective date. However, the court clarifies that this modification does not preclude the respondent from taking further steps for the recovery of any outstanding tax, penalty, or interest in accordance with the law.
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