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Category:
Taxation
GST on secondment of expats – Instruction No 05/2023-GST dated 13 December 2023
December 14, 2023
GST on secondment of expats – Instruction No 05/2023-GST dated 13 December 2023 Applicability of Goods and Services Tax (‘GST’)…
“Most Favored Nation” clause – Important ruling of the Hon’ble Supreme Court of India
December 13, 2023
The Hon’ble Supreme Court of India (Apex Court) has recently pronounced a landmark ruling[ᶦ] on treaty interpretation with a specific reference…
GST on liquidated damages – the controversy continues
April 20, 2023
A clarificatory circular[1] dated 03 August 2022 (‘Circular’) was issued by the Indian Tax Authorities inter alia on applicability of…
Indian Union Budget 2023 – Doubling of tax on royalty and fees for technical services
April 10, 2023
The Indian Union Budget 2023-24 received assent of the President of India on 31 March 2023, paving the way for…
India Union Budget 2023-24: Key Tax Proposals
February 7, 2023
The Honourable Finance Minister of India presented the Union Budget 2023-24 on 01 February, 2023. Solidifying the vision of “Make…
48th GST Council Meeting – Update
December 20, 2022
The 48th GST Council meeting was held on 17 December 2022, which was Chaired by the Honorable Finance Minister –…
Equalisation levy – A welcome judgment on jurisdiction and applicability
November 24, 2022
Equalisation levy was introduced in India by the Finance Act, 2016 with a view to tax income earned by a…
GST circular on taxability of Liquidated damages – Is it really clarificatory?
August 9, 2022
Recently, the Tax Research Unit of the Ministry of Finance, Department of Revenue (TRU) has issued a clarificatory circular1 (Circular) on taxability of ‘liquidated…
GST transitional credit- End of a five- year protracted litigation
August 1, 2022
A strenuous tussle between the Government of India and the taxpayers has come to an end. With the ruling of…
Online Gaming in India – The GST Conundrum
May 6, 2022
Applicability of indirect taxes on betting, lottery, casinos, online gaming have been a matter of dispute since the service tax…
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