LiveLawBiz: Business Law Daily Round-Up: December 10, 2025

TAXSubway Franchisee Hiked Base Prices To Neutralise ITC Loss, Amounted To Profiteering; 18% Interest Can't Apply Retrospectively: GSTATSupplying AI-Powered IT Infra Services, Content To USA Corp By Indian Counterpart Is 'Export' Not 'Intermediary' : Gujarat High Court"₹41664 Crores ITC Fraud Via Non-Existing Entities, Fake Invoices": Centre Flags Rising GST Evasion In Rajya Sabha Separate Proceedings Under Customs Act Not Permissible Once CBLR Proceedings Are Initiated: CESTAT Kolkata Customs | Direct Reliance On NIDB Data For Re-Assessment Of Import Value Not Permissible: CESTAT Kolkata PVC Raincoats Classified As Plastic Articles And Not Textile Apparel, Attract 18% GST: Gujarat AAR CST Act | After 20 Yrs, Gujarat High Court Permits PSU To Claim Branch Transfer Exemption Denied For Non-Production Of Original 'Form-F' Income Tax Return Must Be Accepted For Assessing Victim's Income In Motor Accident Claims: Calcutta High Court Grants ₹39 Lakh Compensation CGST Act | Gauhati High Court Reads Down S.16(2)(aa); Says ITC Can't Be Denied To Bona Fide Buyer For Supplier's Default Customs Brokers Regulations | Broker Cannot Be Penalised Solely For Exporter's Misdeclaration: CESTAT Principal Bench Refund Cannot Be Denied When CA Certificate & Ledger Confirms Excess Excise Duty: CESTAT Kolkata Income Tax Act | No Addition U/S 153A Without Incriminating Material Found During Search: Bombay High Court Municipality Must Accept Only Tax Component, Penal Charges Not Required For Filing Appeal Under Municipal Act: Kerala High Court Centre Defends Onion Export Ban, Says MEP Was 'Temporary' & Needed To Protect Consumers Amid Price SpikesIBCAcknowledgment Of Creditor's Email Ledger Sufficient To Prove Debt Even Without Invoices: NCLATNCLT Refuses To Condone 384 Day Delay In Filing Reply In CIRP Citing Voluminous RecordsCosts Incurred For Scheme Of Compromise Or Arrangement Not Included In Liquidation Cost: NCLT KolkataComplaints Against Auditors Or Company Secretaries No Ground To Seek Probe Into Company: NCLT AhmedabadNCLT Delhi Admits Canara Bank's Insolvency Plea Against Equinox Over ₹372 Crore Guarantee DefaultUndertakings To Infuse Equity Or Retain Control Not Guarantees; NCLT Delhi Dismisses CIRP Plea Against RattanIndiaArbitrationNAFED's 'Society Commission' Deductions From Rice Millers' Bills Contrary To Contract: Orissa High Court Upholds Refund AwardS. 29A Arbitration Act | Arbitrator's Mandate Terminates On Expiry Of Time; Substituted Arbitrator Must Resume After Extension : Supreme CourtIPRDelhi Court Awards ₹1 Lakh To Cosco Against Kolkata Firm For Selling Counterfeit FootballsAfter Dr Reddy's, Sun Pharma Commits To Not Selling Semaglutide In India Till March 2026 Delhi High Court Orders 'Mask' Movie Makers To Drop Disputed Kannada Song Or Deposit ₹30 Lakh Before OTT Release Bombay High Court Temporarily Restrains Rival From Using Trade Dress Similar To Parachute Jasmine Hair OilOther Stories NSEL Scam: Bombay High Court Quashes Special Court's 'Mechanical' Summons To Amit RathiSAT Upholds SEBI Order Against Linde India, Says All Related Party Deals Must Be Aggregated For MaterialityFour Murugappa Group Companies Seek NCLT Nod For Restructuring

LiveLawBiz: Business Law Daily Round-Up: December 10, 2025

LIVELAW NEWS NETWORK

Tags