<ul data-eligibleForWebStory="true"><li>The Karnataka High Court has stayed the notice issued by the state authority for advance ruling to revoke the tax exemption granted to ride-hailing platform Namma Yatri.</li><li>The notice to revoke the tax reprieve stemmed from Namma Yatri (operated by Juspay), being hived off as Moving Tech Innovations, leading to questions about GST collection on fares.</li><li>The HC directed the AAR to justify invoking Section 104 of the CGST Act against Namma Yatri, noting the lack of specific allegations of suppression or misrepresentation in the show cause notice.</li><li>The move by Karnataka HC occurs amid a changing landscape where competitors like Ola and Uber transition to subscription models, potentially impacting tax implications for companies adopting similar models.</li></ul>

Karnataka HC Stays AAR’s Plans To Revoke Tax Exemption For Namma Yatri

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