Personal liberty safeguards restrict arrest after court-directed GST appearance, requiring interim release where authorities overreach pending proceed...
Alternative statutory remedy and delay bar GST writ challenges despite pending rectification, while distinct subject matter permits parallel proceedin...
Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Challenged the Ruling pronounced by AAR - Nature of activities as per the EPC Contract - The AAAR concluded that the services provided by the appellant, involving the construction of infrastructure essential for petroleum operations, do not fit within the scope of "Support services" as defined under SAC Heading 9986 nor under the "Other professional, technical and business services" of SAC Heading 9983, considering the broad scope of work encompassing construction, fabrication, and commissioning of immovable property. Consequently, the classification under SAC Heading 9954, applying an 18% GST rate, was deemed appropriate, notwithstanding the appellant's contention that their services are directly linked to and necessary for petroleum operations, which should qualify for a reduced rate under the amended entries.
Challenged the Ruling pronounced by AAR - Nature of activities as per the EPC Contract - The AAAR concluded that the services provided by the appellant, involving the construction of infrastructure essential for petroleum operations, do not fit within the scope of "Support services" as defined under SAC Heading 9986 nor under the "Other professional, technical and business services" of SAC Heading 9983, considering the broad scope of work encompassing construction, fabrication, and commissioning of immovable property. Consequently, the classification under SAC Heading 9954, applying an 18% GST rate, was deemed appropriate, notwithstanding the appellant's contention that their services are directly linked to and necessary for petroleum operations, which should qualify for a reduced rate under the amended entries.
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