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SC Holds That A Foreign Court’s Summary Judgement Is Not Enforceable In India
The Supreme Court of India has delivered a landmark ruling on the enforceability of foreign court judgments in India, specifically addressing whether summary judgments rendered without full trial proceedings meet the statutory requirements under the Code of Civil Procedure. This decision has significant implications for cross-border litigation and the recognition of foreign judicial decisions in Indian courts.
India Litigation
AP
AZB & Partners
Article
Battle Over ITC: The Conflict Between Courts And Tax Authorities
One of the objectives in the implementation of Goods and Services Tax (‘GST’) was to eliminate the cascading effect of taxes and create a seamless flow of credit across the supply chain. The Input Tax Credit (‘ITC’) mechanism under the GST framework ensures that tax is levied only on the value added at each stage of a transaction, thereby reducing the overall tax burden on businesses and enhancing economic efficiency
India Tax
SO
S&A Law Offices
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