GST on ride-hailing: Karnataka AAR says may recall ruling on Namma Yatri
This follows Bengaluru-based Juspay hiving off the cab-hailing business to a subsidiary, Moving Tech Innovations. The AAR said the company seems to have acquired Namma Yatri as a “going concern” by suppressing/misrepresenting material facts. However, experts termed the move as rare and a clumsy effort to negate a business-friendly provision provided by Parliament.