Skill development is increasingly viewed as a way to escape the low education - high unemployment trap in developing countries. Consequently, policy makers in these countries are extensively investing in skill development programs. However, participation and completion rates in many of these...

In a recent decision Shields & Sons Partnership - C-262/16 the European Court of Justice (‘ECJ') has adverted to the nuances of composition scheme in the context of Value Added Tax models. This decision examines the rationale for introduction of such scheme, which is the administrative...

In its decision in the case of Air France KLM (C-250/14, decision dated 23.12.2015) the European Court of Justice (‘ECJ') has clarified the legal position regarding levy of tax on amounts forfeited by the airlines on account of no-show by the passengers for which the passenger is unable to...

In its decision rendered recently, the European Court of Justice (‘ECJ') in the case of Tibor Farkas (C-564/15) has addressed an important issue relating to liability of recipients under the provisions of the European VAT regulations (as implemented in Hungry) and the penal consequence which...

In its decision rendered recently, the European Court of Justice (‘ECJ') in the case of Commissioners for Her Majesty's Revenue and Customs v. Brockenhurst College (C-699/15) has addressed an important issue relating to scope of exempt services and extending such exemption to “closely...

In its decision rendered recently, the European Court of Justice (‘ECJ') in the case of Litdana UAB (C-624/15, decision dated 18.05.2017) has dealt with a crucial issue as to the position of the right of output supplier in the context of his compliance vis-à-vis the non-compliance on the part...

The competition law rules are of immense importance for optimal functioning of the economic variables as they not only vouchsafe against the monopolistic and exploitative tendencies of the bigger market players, they are also instrumental in providing the smaller and newer entrants in the...

Recently the Haryana Goods and Service Tax (‘GST’) authorities have issued “guidelines regarding circumstances in which input tax credit has to be blocked …” in case of certain taxpayers (‘Guidelines’). It appears that these Guidelines are directed towards certain taxpayers who are...

The European Court of Justice (‘ECJ’) recently examined the statutory provisions in the context of European Value Added Tax (‘VAT’) regulations to opine upon the extent of restrictions that can be imposed upon entities which are under liquidation. This decision addresses a situation...