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Year in Review | GST developments that impacted India Inc. in 2024

Virtual Webinar

21 January 2025 | 3:00 PM

Lakshmikumaran & Sridharan Attorneys (LKS) is organizing a webinar to analyse important decisions in 2024 by various courts, and other developments in the GST regime. These pivotal legal rulings have reverberated across legal circles and the business landscape, significantly impacting India Inc.

The webinar will inter alia cover recent decisions relating to:

  • ITC for construction – Apex Court decision in Safari Retreats vis-à-vis 55th GST Council’s proposal
  • Reconstructing tests of immovability – Apex court decision on tower and shelter and impact in GST
  • Validity of restrictions on export refund under Rule 96(10), Rule 89(4) and 89 (4B)
  • Validity of extension of timelines for passing orders for FY 2018-19 and FY 2019-20
  • Taxability under GST- Lease, Royalty, TDR, Advance and ITC etc.
  • Assessment, timelines and adjudication – Principles by judicial forums
  • Alternative remedy – Judicial trend in intervention at SCN stage
  • Validity in relation to conditions of ITC, Credit Note adjustment for discounts, etc.
  • Investigation and under protest payment
  • Expectations from Budget 2025 and recent clarifications (ISD, Voucher etc.)

Speaker - 

  • Kalpesh Shah, Senior Partner, LKS
  • Asish Philip, Partner, LKS
  • Darshan Machchhar, Associate Director, LKS
  • Apeksha Bansal, Associate Partner, LKS