"02 November 2018" Archive - Page 3

How to Identify Correct GST Number

We require correct GST number from Vendor while filing GST R1. Many time, due to wrong GST number given by vendor, lot of time is being  spend by professional to rectify  GST number. Hence let’s understand how to identify correct GST number. GSTIN is a Goods and Services Tax Identification Number . After registration under […]...

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Preferential Allotment of shares under Companies Act, 2013

Preferential Allotment of Shares As per Companies Act, 2013, a Company can raise funds via right issue, preferential allotment, employee stock option plans and sweat equity shares. However, the best way to raise funds for an unlisted Company is by way of preferential allotment of shares. Section 62 along with Rule 13 of the Companies [&he...

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HC order release of goods detained for typographical error in e-way bill

Sabitha Riyaz Vs The Union of India (Kerala High Court)

Sabitha Riyaz Vs  Union of India (Kerala High Court) The petitioner, a trader, transported natural rubber. After generating e-way bill, she sent a consignment to Uttarakhand, with all the relevant records. But it was seized by the State Tax Officer, Uttarakhand, the additional 11th respondent. The ground for detention is that in the e-w...

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Release goods detained on compliance of GST Rules: HC

Berger Paints India Ltd. Vs Assistant State Tax Officer (Kerala High Court)

Berger Paints India Ltd. Vs Assistant State Tax Officer (Kerala High Court) Writ petition is disposed of directing the competent authority to complete the adjudication provided for under Section 129 of the statutes referred to above, within a week from the date of production of a copy of the judgment. It is also directed that […]...

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GST for MSME Sector

Introduction: What is MSME? In accordance with the provision of Micro, Small and Medium Enterprises Development (MSMED) Act, 2006 the Micro, Small and Medium Enterprises (MSME) are classified in two classes...

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Seizure of goods merely for partly wrong Truck No. on E-way Bill is harassment of dealer: HC

Rajavat Steels Vs State of U.P. Ashok Kumar, J. (Allahabad High Court)

Surprisingly, neither the mobile squad authority nor the appellate authority appreciated the claim of the petitioner that it is due to mistake or human error the vehicle number (particularly last two digits) are mentioned different which in the instant case are 83 in place of 38. This Court is unhappy with the conduct of the authorities a...

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No action against Amway in absence of specific evidence of profiteering: NAA

Director General Anti-Profiteering Vs M/s Amway India Enterprises Private Limited (National Anti-Profiteering Authority)

Respondent could not establish profiteering for want of cogent and reliable evidence and hence no violation of the provisions of Section 171 of the CGST Act 2017 has been found in this case....

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GST Intitiatives for MSMEs

GST is Goods and Simple Tax. GST is improving ease of doing business and resulting in gains to small and medium businesses. It is a matter of pride and happiness that around 48 lakh new enterprise got registered under GST in one year. Narendra Modi Prime Minister of India The very small businesses have been […]...

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Seizure of goods for E-way bill illegal, if seized before time fixed to reply

Singh Tyres Vs State Of U.P. And Another (High Court Allahabad)

Singh Tyres Vs State Of U.P. And Another (Allahabad High Court) From perusal of the record, we find that the goods were transported from one place to another within the State of U.P. and were accompanied by the requisite documents and requisite E-Way Bill has also been produced by the petitioner before the respondent no. 2 […]...

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