Request-driven road restoration attracts reverse-charge GST, not governmental-function treatment or compensatory-damages status for business recipient...
Road restoration charges for commercial pipeline works are taxable Government services, with reverse charge liability and no public-function exemption...
Model-wise import cap monitoring cannot justify withholding used multifunction machines where all-India tracking is absent and full security is furnis...
The central bank amends the Debt Instruments Regulations to permit persons resident outside the country who maintain rupee accounts under the Deposit Regulations (reg. 7(1)) to buy or sell dated government securities, treasury bills, non-convertible debentures/bonds and commercial paper issued by domestic companies, subject to terms and conditions set by the central bank. Payments for such purchases must be made from funds held in the specified rupee accounts. The amendments take effect on publication in the Official Gazette.
The central bank amends the Debt Instruments Regulations to permit persons resident outside the country who maintain rupee accounts under the Deposit Regulations (reg. 7(1)) to buy or sell dated government securities, treasury bills, non-convertible debentures/bonds and commercial paper issued by domestic companies, subject to terms and conditions set by the central bank. Payments for such purchases must be made from funds held in the specified rupee accounts. The amendments take effect on publication in the Official Gazette.
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TaxTMI 
TaxTMI 
of 4915 
