AAR: Interest receivable by concessionaire on deferred payment under hybrid-annuity model liable to GST

• In Favour of Respondent
• Citation Number : TS-507-AAR(MAH)-2025-GST

AAR: Time limit to avail ITC extends to IGST eligible as per BoE

• In Favour of Applicant
• Citation Number : TS-505-AAR(MAH)-2025-GST

ITAT: Considers Misc expenses as operating; Deletes TP-adjustment qua overdue receivables

• In Favour of Both, Partially
• Citation Number : TS-327-ITAT-2025(CHNY)-TP

ITAT: Dismisses appeal w.r.t adjustments qua royalty & management charges payments as withdrawn in light of UAPA

• In Favour of None/NA
• Citation Number : TS-325-ITAT-2025(Mum)-TP

ITAT: Adopts average LIBOR for imputing interest on outstanding receivables; Follows precedent

• In Favour of Assessee
• Citation Number : TS-324-ITAT-2025(CHNY)-TP

ITAT: Directs aggregation of royalty & technical fee payments after allowing customs duty adjustment, WCA

• In Favour of Both, Partially
• Citation Number : TS-323-ITAT-2025(CHNY)-TP

ITAT: Dismisses Revenue’s ground on IGS; Follows earlier AY on similar facts and agreement

• In Favour of Assessee
• Citation Number : TS-322-ITAT-2025(Mum)-TP

ITAT: Deletes deemed dividend addition, upholds Assessee's custodian role for company's seized cash

• In Favour of Assessee
• Citation Number : TS-735-ITAT-2025(Bang)

IBC Round-Up - May, 2025

HC: Temporarily bars rogue websites from infringing Gameskraft’s online gaming platforms

AAR: ‘Baby Car Seat’, an additional attachment, distinguishable from vehicle safety accessory & baby-carriage

• In Favour of Not Applicable
• Citation Number : TS-504-AAR(MAH)-2025-GST

AAR: 18% GST on Protection bags, made of coated paper, to cover/pack unharvested fruits

• In Favour of Applicant
• Citation Number : TS-503-AAR(MAH)-2025-GST

ITAT: Upholds Revenue's aggregation approach under TNMM for pharma co, but excludes APA-covered transactions

• In Favour of Both, Partially
• Citation Number : TS-326-ITAT-2025(HYD)-TP

AAR: ‘Stadiometer’, used to measure height, not ‘diagnostic-instrument’ taxable at 18%; ‘Infantometer’ attracts 12% GST

• In Favour of Applicant
• Citation Number : TS-500-AAR(MAH)-2025-GST

ITAT: Revenue from offshore supplies not taxable u/s 44BBB; Holds revision u/s 263 unsustainable

• In Favour of Assessee
• Citation Number : TS-732-ITAT-2025(DEL)

Addressing ITC Conundrum in Section 16(4) of CGST Act, 2017

CCI: Allows acquisition of Interpublic Group’s sole control by Omnicom Group Inc.

CCI: Approves Currant Sea’s proposed 9.99% stake acquisition in IDFC First Bank

NCLT: Allows restoration of 5 struck-off cos. basis ‘non-dormant status’; Levies fines

NCLT: Allows Income Tax Dept.’s appeal to revive struck-off co. for recovering pending tax dues