Incentive Scheme to Deepen India's Electronics Ecosystem

Bombay High Court quashes the show cause notice holding that no GST is payable on services supplied by way of transfer of development rights [TDR] or Floor Space Index [FSI]

Section 7(1)(aa) & 2(17)(e) of the Kerala GST Act, insofar as they introduce a levy on activities or transactions between members and their constituents or vice versa, have been held to be ultra vires

ITC reversal of common ITC u/s17(2) required in relation to activity of subscription and redemption of mutual funds

Purchase of an under-construction immovable property from a company under liquidation would not constitute a supply