TOP LEGAL DEVELOPMENTS THIS WEEK [18-24 May, 2026] | Stray Dogs; Non-Veg Food in Ganga; Katy Perry Trade Mark; and more
A quick roundup to cover all the important legal developments and cases this week.
MGCC shortfall
Can shortfall in MGCC be deducted from net contract value? Delhi High Court explains
The Court held that deduction for shortfall in Minimum Guaranteed CENVAT Credit (MGCC) could not be made from the net contract value, as such an interpretation would effectively result in a double deduction unsupported by the contract terms.