News
Impact of GST Rate Changes on the Oil & Gas and Renewable Energy Sectors
08 September 2025
The 56th meeting of the GST Council was held in New Delhi on 3rd September 2025, chaired by the Union Minister for Finance and Corporate Affairs. The Council recommended wide-ranging rationalisation of GST rates across goods and services, with an emphasis on correcting duty structures, simplifying compliance, and addressing sector-specific issues.
Revision of MRP in case of change GST Rate: GST 2.0 Reforms
08 September 2025
It is also pertinent to note that LM Rules are not applicable to packaged commodities containing scheduled formulations and non-scheduled formulations covered under the Drugs (Price Control) Order, 2013 (“DPCO”), made under Section 3 of the Essential Commodities Act, 1955.
Parallel proceedings by State and Central Authorities when permissible/not permissible
27 August 2025
The Supreme Court has in its Judgement dated 14 August 2025 upheld the Delhi High Court decision which had declined to interdict the summons issued by the Central GST authorities pursuant to a search, in a case where the assessee had relied upon Section 6(2)(b) of the CGST Act, 2017 to submit that since the State GST authorities were in seisin of the proceedings, it would be impermissible for the Central authorities to commence any proceedings. While holding so, the Apex Court observed that,
Infringement of process patent – Onus of proof shifts on defendant under Section 104A only when plaintiff proves that products are identical
18 August 2025
Observing that the plaintiffs failed to fulfil the mandatory requirements of Section 104A of the Patents Act, 1970, the Delhi High Court has held that no direction can be issued to the defendant to disclose its manufacturing process filed in a sealed cover.
Time limit for SCN and adjudication under Section 73 – Notifications Nos. 9 and 56/2023-CT are illegal
07 August 2025
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.
Report of Expert Committee on positioning GIFT IFSC as Global Commodity Trading Hub
05 August 2025
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 integration opportunities with the global commodity hubs.
Secondment of expats from overseas group entities when is not liable to GST
23 July 2025
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 recruitment services from abroad and was thus liable to IGST under reverse charge. The assessee was represented by Lakshmikumaran & Sridharan Attorneys here.
Patent infringement – Denial of interim injunction for absence of essential elements of suit patent, non-working of the patent and delay in filing the suit
17 July 2025
The Delhi High Court dismissed Conqueror Innovations’s plea for an interim injunction against Xiaomi, finding no prima facie case of patent infringement over its 'Find Device' feature. The Court held the balance of convenience favored Xiaomi, which has sold such devices since 2014, and noted that any harm to the plaintiffs could be compensated by damages. The case will proceed to trial. The defendant was represented by Lakshmikumaran & Sridharan Attorneys here.
Substitution of assets attached by the Enforcement Directorate under PMLA: SC
07 July 2025
In a recent case, the Hon’ble Supreme Court has passed an order (‘Order’) , allowing the substitution of provisionally attached assets with unencumbered, marketable commercial units offered by the Petitioner subject to the satisfaction of certain conditions.