Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.
A recent amendment to Notification 18/2026 under the India-UAE CEPA adjusts the concessional customs rates for importers effective from May 13, 2026. Importers will now face a revised tariff concession structure.
The Madras High Court ruled that penalties for circular trading must equal the ineligible ITC availed, emphasizing adherence to statutory definitions in penalty assessments.
The Supreme Court upheld the Telangana High Court's decision not to entertain a delayed GST writ petition. The Court cited the precedent set in Glaxo Smith Kline, finding no reason to intervene.
The CESTAT has ruled that liquidated damages and penalties for breach of contract are not taxable under Section 66E(e) of the Finance Act, 1994. This decision clarifies the tax treatment of such damages, providing relief to businesses facing tax liabilities.
The Indian government has increased the concessional import duty on gold, silver, and platinum from 4.35% to 10%. This change is effective from May 13, 2026, under Notification 57/2000-Customs.
The Delhi High Court ruled that GST was applicable to frozen chicken supplied to the Indian Army, directing reimbursement of GST along with interest due to delayed payment.
The Karnataka High Court upheld the legality of consolidated GST show cause notices covering multiple financial years, clarifying that the law does not restrict notices to a single fiscal period.
The GST Appellate Tribunal (GSTAT) upheld findings against a developer for failing to transfer the full benefit of Input Tax Credit (ITC) to homebuyers, confirming that excess benefits provided to some cannot offset losses to others.
The Bombay High Court ruled that GST registration cannot be cancelled without proper hearing and a reasoned order, quashing existing cancellation orders that violated the principles of natural justice.
The Gujarat HC upheld the deletion of long-term capital gains, ruling DVO references pre-2012 were impermissible, rejecting Revenue's appeal.
The Gujarat High Court upheld the dismissal of a ₹1 crore addition under Section 68 after confirming the loan's identity, source, and repayment evidence.
The Rajasthan High Court ruled that reassessment notices sent posthumously were invalid; however, the Revenue may proceed against legal representatives per law.