Transfer pricing comparability requires functional alignment, reliable financial data, and careful review of working capital and receivables adjustmen...
Transfer pricing rules require benchmarking corporate guarantees and associated-enterprise advances, while invalid domestic-transaction adjustments ca...
Prospective sugar export prohibition required registered letters of credit; private contracts and export quotas created no enforceable continuation ri...
Retroactive interim-moratorium exclusion permits protective asset disclosure and preservation measures against personal guarantors pending arbitration...
The HC dismissed writ petitions seeking mandamus to compel inclusion of petrol and diesel within the GST regime, holding that fixation of an effective date is a policy decision vested in the GST Council and not a justiciable right of citizens. The court ruled it lacked jurisdiction to direct the Council to set a date, as no statutory or constitutional right entitles petitioners to command that policy outcome under Article 279A. Reliance on authorities concerning statutory professional rights was distinguished. Because the subject matter is squarely within the GST Council's policy domain, judicial interference by way of mandamus was declined and the petitions were dismissed.
The HC dismissed writ petitions seeking mandamus to compel inclusion of petrol and diesel within the GST regime, holding that fixation of an effective date is a policy decision vested in the GST Council and not a justiciable right of citizens. The court ruled it lacked jurisdiction to direct the Council to set a date, as no statutory or constitutional right entitles petitioners to command that policy outcome under Article 279A. Reliance on authorities concerning statutory professional rights was distinguished. Because the subject matter is squarely within the GST Council's policy domain, judicial interference by way of mandamus was declined and the petitions were dismissed.
Note: It is a system-generated summary and is for quick reference only.