Join our free webinar on July 4th at 4:00 PM to gain insights into the dematerialization of securities and recent amendments. Register now for key updates.
Join our free webinar on July 7 at 5 PM for insights into 10 recent High Court income tax judgments favoring assessees. Expert analysis by CA Dipak Dama.
The Vice President of India, Shri M. Venkaiah Naidu has said that real estate developers and builders to bring in reality in real estate sector to improve economy. He was addressing the gathering after inaugurating the two-day CREDAI Conclave, here today.
This Petition under Article 226 of the Constitution of India, challenges an order dated 2nd December, 2016 passed by the Settlement Commission (Commission) under Section 245 D(6B) of the Income Tax Act, 1961 (the Act).
Non-availment of drawback: The third proviso to sub-section (3) of section 54 of the CGST Act states that no refund of input tax credit shall be allowed in cases where the supplier of goods or services or both avails of drawback in respect of central tax.
Hll Biotech Ltd. Vs ITO (ITAT Cochin) Conclusion: Since assessee-company was still at the pre-commencement stage and during this phase, it had raised equity funds which was invested in fixed deposits of the Banks as well as the holding company and had earned interest on the same, the interest earned had to be taxed as […]
The evolving GST regime is no less than a farrago of implementation challenges and transmuting tax regulations. Amidst this whirlwind of evolutionary changes, Taxologists are struggling to stay abreast of the latest changes. In a pursuit of finding a robust solution that simplifies taxation end-to-end, leading taxologists are adopting technology to automate GST. Industry leader, […]
May be I am already late, with just less than a fortnight for the Financial Year to end. For, soon after that, the killing provisions of the Black Money Act – a real ‘black’ legislation passed by this Govt. in 2015 – may help the bloodhounds of the Department to begin their devil dancing against […]
Advance Ruling has been sought on whether such goods supplied to the branches in states other than West Bengal can be valued in terms of the Cost Price under the Second Proviso to Rule 28 of CGST Rules, 2017, instead of 90% of MRP as required under the First Proviso of the same Rule.
Seeks to impose anti-dumping duty on imports of ‘Ofloxacin’ originating in or exported from China PR – Whereas, in the matter of import of Ofloxacin (hereinafter referred to as the subject goods) falling under the tariff item 3004 20 34 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act)
Get your pending GST refunds on export of goods sanctioned quickly. CBEC is observing GST refund fortnight across all its field formations from 15th – 28th March, 2018 to deal exclusively with the pending GST refund claims (IGST & ITC.)
E-Waste (Management) Rules, 2016 in relation to import and export are reproduced below: Rule 2 Application: These rules shall apply to every manufacturer, producer, consumer, bulk consumer, collection centers, dealers, e-retailer, refurbisher, dismantler and recycler involved in manufacture, sale, transfer, purchase, collection, storage and processing of e-waste or electrical and electronic equipment listed in Schedule I, including their components, consumables, parts and spares which make the product operational but shall not apply to –
