https://www.taxtmi.com/highlights?id=90907 The SC dismissed the Special Leave Petitions challenging the levy of GST on regulatory fees collected by CERC and DERC. The Court upheld the High Court's finding that the regulatory functions performed by these Commissions do not constitute "business" under Section 2(17) of the CGST Act. Consequently, revenue derived from such regulatory activities is not taxable under the CGST and IGST Acts. The distinction drawn between adjudicatory and regulatory functions was rejected as a basis for GST liability. The petitions lacked merit and were dismissed accordingly. en-us Fri, 25 Jul 2025 08:28:09 +0530 Fri, 25 Jul 2025 08:28:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=90907 The SC dismissed the Special Leave Petitions challenging the levy of GST on regulatory fees collected by CERC and DERC. The Court upheld the High Court's finding that the regulatory functions performed by these Commissions do not constitute "business" under Section 2(17) of the CGST Act. Consequently, revenue derived from such regulatory activities is not taxable under the CGST and IGST Acts. The distinction drawn between adjudicatory and regulatory functions was rejected as a basis for GST liability. The petitions lacked merit and were dismissed accordingly. Highlights GST Fri, 25 Jul 2025 08:28:09 +0530 https://www.taxtmi.com/highlights?id=90907