Major Companies Challenge Tax Notices On IPR Transfers Under Pre-GST Regime

Colgate Palmolive, Domino’s Pizza, McDonald’s India, Castrol, Saint-Gobain, L’Oreal, Whirlpool, and Mastek. These notices demand tax payments under the pre-Goods and Services Tax (GST) regime. Companies are taking legal action, filing petitions in various high courts and the Supreme Court of India, arguing against being taxed on the same item as both 'goods' and 'serv…