Ratification of resignation acceptance validates separation retrospectively, while withdrawal may be refused through reasoned administrative discretio...
Nature-dependent electricity contracts receive new Ind AS accounting, hedge designation, transition and financial-statement disclosure requirements fr...
Alternative GST remedy permitted protective writ intervention for ex parte adjudication, preserving independent appellate review of input tax credit d...
Assessment against deceased sole proprietor requires proceedings against the legal representative, rendering prior assessment and appellate orders inv...
Residential waste collection classification under SAC 999423 defeats composite-supply exemption where facilitating goods are not transferred to the lo...
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Eligibility for Composition scheme - ice-cream - limited grievance of the petitioners is that the ‘Ice Cream’ has been placed on par with Pan Masala and Tobacco - The High Court scrutinized the decision of the GST Council and found it lacking in adequate reasoning. It emphasized the importance of reasonable classification in taxation laws, citing constitutional principles and judicial precedents. Ice Cream, being a widely consumed item, cannot be arbitrarily placed in the same category as luxury goods without proper justification. Consequently, the High Court directed the GST Council to reconsider its decision regarding the exclusion of Small-Scale Ice Cream Manufacturers from the composition scheme. The Court expected the Council to make this decision within a reasonable timeframe, preferably three months.
Eligibility for Composition scheme - ice-cream - limited grievance of the petitioners is that the ‘Ice Cream’ has been placed on par with Pan Masala and Tobacco - The High Court scrutinized the decision of the GST Council and found it lacking in adequate reasoning. It emphasized the importance of reasonable classification in taxation laws, citing constitutional principles and judicial precedents. Ice Cream, being a widely consumed item, cannot be arbitrarily placed in the same category as luxury goods without proper justification. Consequently, the High Court directed the GST Council to reconsider its decision regarding the exclusion of Small-Scale Ice Cream Manufacturers from the composition scheme. The Court expected the Council to make this decision within a reasonable timeframe, preferably three months.
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