Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
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The petitioner's obligation under the contract was to source non-standard goods, as per KINFRA's designs and specifications, from vendors outside the state for incorporation in the works contract in Kerala. Even though the goods initially entered Kerala before being incorporated, breaking the chain of movement, this did not alter the inter-state nature of the transaction as the goods were specifically sourced from outside for the contract. The mere intervening event of the goods entering Kerala could not render it an intra-state sale. Therefore, the petitioner was not liable to pay tax under the KGST Act on the inter-state supply of goods for the works contract execution in Kerala. The High Court allowed the revisions, setting aside the Appellate Tribunal's orders and answering the questions of law in favor of the assessee against the revenue.
The petitioner's obligation under the contract was to source non-standard goods, as per KINFRA's designs and specifications, from vendors outside the state for incorporation in the works contract in Kerala. Even though the goods initially entered Kerala before being incorporated, breaking the chain of movement, this did not alter the inter-state nature of the transaction as the goods were specifically sourced from outside for the contract. The mere intervening event of the goods entering Kerala could not render it an intra-state sale. Therefore, the petitioner was not liable to pay tax under the KGST Act on the inter-state supply of goods for the works contract execution in Kerala. The High Court allowed the revisions, setting aside the Appellate Tribunal's orders and answering the questions of law in favor of the assessee against the revenue.
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