Insights & Publications | SPV Legal Advocates
INSIGHTS

Insights & Publications

Legal developments, tax updates and perspectives from SPV Legal Advocates.

GST 07 MAY 2026

Rule 42/43 and the ITC Reversal Debate: Are Duty Credit Scrips and High Sea Sales Truly ‘Exempt Supply’?

Section 17(2) requires apportionment of common credit between taxable and exempt supplies, and the Revenue has consistently treated sales of duty credit scrips and high sea sales as exempt supply. This article sets out the statutory framework, the competing readings of Notification No. 14/2022-Central Tax (Rate), and an analytical framework for practitioners and adjudicating authorities.

Adv. Pritesh Kumar, Partner [2026] 186 taxmann.com 224
READ MORE →
GSTJULY 2026

Supreme Court Refuses to Read Down Section 16(2)(c): The Bhandari Scrap Traders Order

On 24.07.2026 the Supreme Court dismissed the Special Leave Petitions challenging the Gujarat High Court's view in Maruti Enterprise, leaving the conflicting Tripura position in Sahil Enterprises still pending. What the order signals for buyers denied credit on a supplier's default.

Adv. Pritesh Kumar
READ MORE →
CONSTITUTIONAL LAWJULY 2026

Delhi Crackdown Reopens an Old Question: Can Police Simply Ban a Peaceful Protest?

Denial of permission does not by itself make an assembly unlawful. Reading Himat Lal K. Shah, the Ramlila Maidan reference, Mazdoor Kisan Shakti Sangathan and Anita Thakur against the force used on the July 20 march.

Adv. Pritesh Kumar
READ MORE →
CRIMINAL LAW2026

When the State Kills Without a Trial: A Legal Examination of Police Encounters in India

The word “encounter” appears in no Indian statute. An examination of Articles 14 and 21, the limits of private defence under the Bharatiya Nyaya Sanhita, Section 43 BNSS, and the NHRC guidelines on encounter deaths.

Adv. Pritesh Kumar
READ MORE →

Have a question on a recent development?

All enquiries are treated in strict confidence.

CONSULT US