Pre-enactment land-sale agreements escape stamp-duty value substitution where substantial banking-channel consideration was received before Section 43...
Customs valuation and classification require comparable evidence and assessment of imported goods in their actual condition, invalidating related pena...
The Central Government, based on recommendations from the Goods and Services Tax Council, will cease accepting requests from the Competition Commission of India or Appellate Tribunal regarding Input Tax Credit and Pricing Impact from April 1, 2025. This notification, issued u/s 171 of the Central Goods and Services Tax Act, 2017, prohibits the Authority from examining whether input tax credits availed or tax rate reductions have resulted in commensurate price reductions for goods or services supplied by registered persons. The notification takes effect upon publication in the Official Gazette.
The Central Government, based on recommendations from the Goods and Services Tax Council, will cease accepting requests from the Competition Commission of India or Appellate Tribunal regarding Input Tax Credit and Pricing Impact from April 1, 2025. This notification, issued u/s 171 of the Central Goods and Services Tax Act, 2017, prohibits the Authority from examining whether input tax credits availed or tax rate reductions have resulted in commensurate price reductions for goods or services supplied by registered persons. The notification takes effect upon publication in the Official Gazette.
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