Madras HC Quashes Levy of Purchase Tax on Buyer under TNGST Act for Seller’s Default

The Supreme Court dismissed the Rs. 244 crores service tax demand against Bharti Airtel, upholding the CESTAT ruling that employee call waivers under its internal scheme are not taxable

With this court ruling, a difficult chapter for both parties has come to an end, enabling them to put the disagreement that had drawn the fitness company and the Bollywood star into a well-publicized business struggle behind them.