Rectification of mistake remains limited to self-evident record errors, preventing merits review through miscellaneous applications and preserving fin...
Tender creditworthiness conditions may extend to de facto Promoter Directors, with post-participation challenges generally barred absent arbitrariness...
Corporate representation in PMLA summons proceedings permitted through an authorised signatory, subject to directors' continuing cooperation and atten...
Helicopter charter classification requires effective control analysis, while territorial performance, reasoned credit orders and wilful suppression de...
Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Packaged drinking water supplied with food in a restaurant is treated as part of composite restaurant service, so its value forms part of the transaction value even if billed separately. On that basis, GST applies at 5% to the total invoice value for restaurant service, subject to the condition that input tax credit on goods and services used in supplying the service has not been availed. The text also explains that the hotel premises will not be treated as "specified premises" where the previous financial year's room value does not exceed Rs. 7,500 per unit per day, with the result that the concessional restaurant rate continues to apply.
Packaged drinking water supplied with food in a restaurant is treated as part of composite restaurant service, so its value forms part of the transaction value even if billed separately. On that basis, GST applies at 5% to the total invoice value for restaurant service, subject to the condition that input tax credit on goods and services used in supplying the service has not been availed. The text also explains that the hotel premises will not be treated as "specified premises" where the previous financial year's room value does not exceed Rs. 7,500 per unit per day, with the result that the concessional restaurant rate continues to apply.
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