Aurtus Consulting LLP

India Budget 2026: Union Budget 2026 gives a strong push to India’s GCC story. Clubbing of various services under a single IT Service Safe Harbour of 15.50% margin, rule-based automatic approval process, and a five-year validity are welcome steps. The move shall enhance certainty and ease of doing business. Additionally, fast-track APA within 2 years for IT services will further strengthen the already successful APA framework. #UnionBudgetwithAurtus #IndianUnionBudget2026 #IndiaTaxBudget2026 #TransferPricing #DirectTax

India Budget 2026: The Budget continues the government’s thrust on ease of doing business by announcing wide-ranging simplifications in customs administration. Key measures include Faster Customs Clearances througha structured overhaul of procedures that will focus on reducing dwell time at ports and minimising multiple approvals currently required for clearance. This reform aligns with the long-standing objective of making India’s border management system more efficient and trade friendly. #UnionBudgetwithAurtus #IndianUnionBudget2026 #IndiaTaxBudget2026 #Indirecttax #Customs

India Budget 2026: To improve predictability for taxpayers, the validity period of Advance Rulings has been extended from three years to five years. Further simplification of tariff structures would help minimise classification disputes. Both measures would go a long way towards providing clarity on applicable duties and reducing Customs litigation. #UnionBudgetwithAurtus #IndianUnionBudget2026 #IndiaTaxBudget2026 #IndirectTax #Customs

India Budget 2026: Eligible SEZ units allowed to sell goods in the Domestic Tariff Area (DTA) at concessional customs duty rates. In the backdrop of global economic turmoil and tariff-led disruptions, this provides much-needed relief to SEZ units facing inventory build-ups and under-utilised capacity. #UnionBudgetwithAurtus #IndianUnionBudget2026 #IndiaTaxBudget2026

Check out our alert on Supreme Court Ruling in case of Tiger Global Key observations and takeaways. linkedin.com/feed/update/ur…

Check out our alert on SC held that a structural article does not acquire the character of a machine part solely based on intended or exclusive use, reaffirming the primacy of objective characteristics in customs classification. linkedin.com/feed/update/ur…

Check out our alert on Key Decisions from the IFSC Authority Meeting held on the 22nd December 2025. linkedin.com/feed/update/ur…

Check out our alert on Bombay High Court held that the situs of a trademark assignment depends on the location of its owner, following the principle mobilia sequuntur personam. linkedin.com/feed/update/ur…

Check out our post on the article ‘Doctrine of Mutuality – The Never-Ending Saga’, published on Taxsutra, co-authored by Advocate Ritesh Kanodia (Legal Counsel) and CA Chintan Vasa (Director) of Aurtus Consulting LLP. linkedin.com/feed/update/ur…

Check out our alert on Maharashtra GCC Policy 2025. linkedin.com/feed/update/ur…

Check out our alert on Madras HC ruled that DGFT’s classification of goods under EPCG is binding on the Customs Authority and cannot be questioned. linkedin.com/feed/update/ur…

Check out our alert on Mumbai ITAT rules that buyback of shares below FMV does not trigger tax under Section 56(2)(viia) of the IT Act. linkedin.com/feed/update/ur…

Check out our alert on Madras High Court terms Notification No. 09/2023 and 56/2023 as invalid, but upholds the Supreme Court Order dated 10.01.2022. linkedin.com/feed/update/ur…

Check out our alert on Non submission of FIRC cannot deny substantive right of claiming refund. linkedin.com/feed/update/ur…

Check out our alert on the FAQs issued by CBIC on Restaurant services and clarification on Amnesty Scheme. linkedin.com/feed/update/ur…

Check out our alert on the Supreme Court ruling on the Arrest Provisions under the Special Laws: linkedin.com/feed/update/ur…

We are pleased to announce that Aurtus acted as tax and structuring advisor to Wingify, a leading global provider of marketing technology SaaS product, VWO and its Founders, which was recently acquired by Everstone Capital. See link for more details: linkedin.com/feed/update/ur…

Pleased to share Customs article titled "Streamlining Customs Assessments" co-authored by our Indirect Tax team at Aurtus, and published by Taxsutra. #Budget2025 #Customs #CustomsDuty #Assessment #ProvisionalAssessment #VoluntaryRevision. linkedin.com/feed/update/ur…

Pleased to share our snapshot on India Budget 2025. Detailed analysis shall be shared shortly. #IndiaBudget2025

India's Growth Story in Numbers! Key Insights from the Economic Survey 2024-25 Thread 🧵 narendramodi.in/category/infog…