The reform process for the indirect taxation regime in India has been ongoing for some time, with the prevailing view being that simplification of tax regime and a principle-laden approach was an essential concomitant in the outlook of a developed nation. Much debate has ensued and during the...

In an earlier article titled as ‘Service Tax on Lawyers: A levy short lived?' [Excise and Customs Reporter Vol. 191(4), pp. 55SF-60SF] I had an occasion to point out that the levy of service tax on individual lawyers was an experiment out of the various experiments conducted by the Government...

The unbridled intent to maximize the return for shareholders has earned an enviable place for the tax-planning fraternity in corporate structuring deliberations. More often than not, elevating the trend akin to an axiomatic proposition, cross-border transactions are tested for tax-efficiency...

The exigibility of a transaction to multiple levies has always been a contentious issue. Vivisection of composite contracts to subject various elements therein to diverse levies is a quintessential reflection of this trend exhibited by tax-authorities. The issue is more or less settled in the...