Secondment of expats from overseas group entities when is not liable to GST
The Karnataka High Court has on 15 July 2025 allowed the writ petition against the demand of IGST in the case involving secondment of expats by the assessee from the overseas group entities. The Department in the case Alstom Transport India Limited v. Commissioner had alleged that the activity amounted to receipt of manpower and […]
Report of Expert Committee on positioning GIFT IFSC as Global Commodity Trading Hub
The International Financial Services Centre Authority (IFSCA) had constituted an Expert Committee on Positioning GIFT IFSC as a Global Commodity Trading Hub (‘Committee’) in May 2024 to enable commodity trading in the International Financial Services Centre, GIFT City, Gandhinagar (‘IFSC’) with an aim to integrate IFSC ecosystem with global trade flow and capitalise on the […]
Time limit for SCN and adjudication under Section 73 – Notifications Nos. 9 and 56/2023-CT are illegal
The Madras High Court has held that Notifications Nos. 9 and 56/2023-Central Tax, issued for the purpose of increasing the time limits for issuance of SCN and adjudication under Section 73 of the CGST Act, 2017 are illegal and are vitiated for the following reasons.