LiveLawBiz reported key business law developments on December 16 2025 that are shaping corporate tax regulatory and consumer law in India The government projected a revenue shortfall of forty seven thousand seven hundred crore rupees following GST rate rationalisation highlighting fiscal challenges for policy makers The Customs Excise and Service Tax Appellate Tribunal in Ahmedabad confirmed service tax liability on commission earned from the sale of raw cotton reinforcing principles for indirect tax disputes
In consumer law the District Consumer Disputes Redressal Commission in Chandigarh rejected a complaint against Bharti Airtel finding that the international roaming charges at issue did not amount to a deficiency in service The Uttar Pradesh Real Estate Appellate Tribunal ordered a probe into alleged planning norm violations by the Greater Noida Industrial Development Authority in the Godrej Golf Links project underlining the importance of regulatory compliance in real estate
On the corporate restructuring front the National Company Law Tribunal in Mumbai approved a reduction of share capital for Realtime Taxsutra Services private company reflecting measures available under the Companies Act In insolvency matters the National Company Law Appellate Tribunal ruled that a personal guarantor who participated in insolvency proceedings has the right to appeal against insolvency admission while the NCLT in Ahmedabad emphasised adherence to statutory timelines by declining to exclude the first year of liquidation after an extension
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