Tag

GST

5 articles
Recent court decisions highlight increasing scrutiny and complexity surrounding Goods and Services Tax (GST) compliance for Indian businesses. Siemens, Schneider Electric, and MarginMart Infosystems achieved favorable outcomes in appeals, demonstrating potential for resolving past disputes and mitigating financial liabilities. Conversely, GR Infraprojects and IndiGo face setbacks, with GR's subsidiary seeing litigation dismissed and IndiGo receiving a penalty order, collectively involving over ₹90 crore. These developments underscore the ongoing risk of GST-related disputes and the need for robust compliance practices, potentially impacting profitability and cash flow for companies operating in India.