Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Supply of canteen services to employees falls within "in the course or furtherance of business" and therefore qualifies as supply under section 7(1), because incidental or ancillary activities connected to main business are covered; outcome: the activity is taxable as supply. Provision of canteen by a third party provider to the employer is a supplier-recipient transaction and the employer's recoveries from employees constitute consideration; outcome: amounts recovered from employees are subject to GST. Free or concessional canteen benefits constitute perquisites; outcome: only the concession portion is exempt as perquisite (non taxable), and unrecovered value is not taxable.
Supply of canteen services to employees falls within "in the course or furtherance of business" and therefore qualifies as supply under section 7(1), because incidental or ancillary activities connected to main business are covered; outcome: the activity is taxable as supply. Provision of canteen by a third party provider to the employer is a supplier-recipient transaction and the employer's recoveries from employees constitute consideration; outcome: amounts recovered from employees are subject to GST. Free or concessional canteen benefits constitute perquisites; outcome: only the concession portion is exempt as perquisite (non taxable), and unrecovered value is not taxable.
Note: It is a system-generated summary and is for quick reference only.
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