On 19.12.2014, Central Board of Direct Taxes has signed a bilateral Advance Pricing Agreement (APA) with a Japanese Company.

Jignesh Ghelani (Partner), Sanchita Rungta (Senior Associate), and Rishi Raju (Associate), Economic Laws Practice, co-author an article in GSTsutra, highlighting the incongruities that create anomalies

On February 1, 2025, the Hon'ble Finance Minister presented the Budget, marking the completion of 10 years of the Modi Government and her 8th consecutive year of presenting the Budget.

This week on Lexpresso: RBI refreshes FAQs for NBFC–P2P platforms, reports a narrower current account deficit in Q1, and flags easing lending and deposit rates.

The Finance Bill, 2012 seeks to amend Sec. 115VG of the Income-tax Act relating to computation of tonnage income.

The Finance Bill 2015 has finally received the assent of the President on May 14th 2015 and has been enacted as the Finance Act 2015.

The High Court of Delhi through its judgment dated 23.07.2026 in the matter of Spectrum Power Generation Limited v. GAIL India Limited allowed a petition under Section 34 of the Arbitration and Conciliation Act, 1996 challenging an arbitral award rejecting the petitioner’s claim for reimbursement of Goods and Services Tax paid on transmission charges under a Gas Sale Agreement.

Further to our previous Duane Morris Alert from 14 October 2014, in which we reported that the Bombay High Court delivered a judgment in favour of Vodafone India in a $490 million tax dispute, ..

The GSTAT is notified to be established with effect from September 1, 2024. The Principal bench is constituted at New Delhi and State benches are constituted at different designated locations...

The Madras High Court has quashed a show cause notice issued under Section 76 of the CGST Act, 2017 wherein the Department had not considered the payment made by the assessee through the other...

The Lucknow Bench of the GSTAT has issued contrasting rulings in two cases involving goods transported without e-way bills, where the bills were generated only after interception. While one case saw penalties set aside due to procedural lapse in a genuine transaction, the other upheld penalties citing intent to evade tax, raising questions about consistency in judicial interpretation of e-way bill violations.

The Chennai Bench of CESTAT examined whether diagnostic kits using Enzyme-Linked Fluorescent Assay (ELFA) technology qualify for the same customs duty and IGST exemptions granted to Enzyme-Linked Immunosorbent Assay (ELISA) kits under Indian tax notifications.

The Ministry of Consumer Affairs, Food and Public Distribution has permitted manufacturers, packers, or importers of pre-packaged commodities to declare the revised Retail Sale Price (MRP)...

The Karnataka High Court examined whether healthcare services provided by a medical enterprise to patients through a contractual arrangement with another hospital qualify for GST exemption. The Revenue department argued for an 18% tax rate, while the assessee claimed exemption under healthcare service provisions. The Court's decision hinged on interpreting the legislative intent behind healthcare exemptions and determining whether service classification should follow contractual form or substantive nature.

The Advance Pricing Agreement (APA) program has proven to be an effective tool for dispute resolution since its inception in 2012 in India.

The CBDT through Notification No. 41/2025 dated 30 April, 2025 notifies the Income Tax Return Form 3 for the Assessment Year ('AY') 2025-26.

In an important ruling in the Piramal Enterprises Limited's case under the erstwhile VAT statute, the Bombay High Court (BHC) has reiterated that a business transfer as a going concern is to be treated as a slump sale...

The Orissa High Court has observed that the nature of refund claim in a case where tax was mistakenly paid twice...

Under India GST Law, importer in India was required to discharge GST under reverse charge on deemed value of ocean freight services under any CIF (i.e. Cost, Insurance and Freight) contract of import.

Modi Government, in its third term at the Centre, presented its first full budget on July 23, 2024.