Juspay Technologies AAR notice.

The Karnataka High Court has stayed the Authority for Advance Ruling’s (AAR) recent notice, which had signalled an intent to revoke the GST exemption previously granted to Namma Yatri—a ride-hailing service by Juspay Technologies. The AAR had revisited its September 15, 2023, decision, challenging whether Juspay (now spun off to Moving Tech Innovations) properly disclosed material details and whether the exemption should apply after the business transfer. A hearing had been scheduled for June 27—but the high court intervened and put the process on hold today, preventing the AAR from going forward with its reversal plans .

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