Recent amendments in Legal Metrology law: Casual drafting, a roadblock to eternal consumer protection!!! In past one year, the Legal Metrology law is under spotlight, and rightly so. Various amendments are proposed / made with sole objective of easing strict...
GST on Online Gaming: Game, Set, Match! At the time when Industry was expecting clarity from GST Council on multiple issues surrounding GST on online gaming, betting, gambling and the likes, online gaming industry was trumped with a demand notice running into...
Amendments under GST – A television series in making! Since inception of GST law, industry is regularly witnessing host of amendments, and it still seems that not everything has unfolded as planned. The Finance Act, 2022 brought in few more amends, which included...
Tax Inclusive or Exclusive – That is the Question? Levy of indirect taxes in case of tender contracts entail multiple nuances depending on tax-inclusivity or tax-exclusivity. Recently, the Hon’ble Supreme Court in the case of Bharat Forge Limited has held that in case...
GST On Cancellation Charges – Unsettling The Settled Recently, Circular No. 178/10/2022-GST dated August 3, 2022, provided clarification on applicability of GST on liquidated damages, compensation and penalty arising out of breach of contract. Despite there being...
Residential Dwelling – Taxability under GST In the 47th GST Council meeting, it was proposed to withdraw exemption on services by way of renting of a residential dwelling to a registered person. The Government notified this recommendation and withdrew exemption on...
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