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Archive: December, 2019

Posts in December, 2019

Denial of copies of seized documents was violation of natural justice: HC

December 17, 2019 1299 Views 0 comment Print

The prayer in the Writ Petition is for a direction to the 1st respondent to supply copies of the documents relied upon by the 1st respondent while issuing the notices, and thereafter, to afford the petitioners an opportunity to submit their objections with regard to the reliance placed on the same, before proceedings to adjudicate the matter.

Delhi HC rules Central Excise Duty rebate claim filed after expiry of 1 year as ineligible

December 17, 2019 1452 Views 0 comment Print

Applications for rebate of Central excise duty paid on excisable goods, consequent on their export, are required to be filed within one year of the date of their export, under Section 11B of the Excise Act. As such, the rebate claim, filed by the Petitioner, was rejected by the Assistant Commissioner of Customs (AC), vide Order-in-Original dated 29th January, 2014, on the ground that it was barred by time, as it had been filed after the expiry of one year from the date of export of the goods.

Sukanya Samriddhi Account Scheme, 2019- Detailed Analysis

December 17, 2019 14814 Views 1 comment Print

Government has notified new Samriddhi Account Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 914(E). Article explains Opening of account under Sukanya Samriddhi Account Scheme, 2019, Deposits under Sukanya Samriddhi Account, Interest on deposit under Sukanya Samriddhi Account, Operation of account under Sukanya Samriddhi Account, Premature closure of account under Sukanya Samriddhi Account, […]

Senior Citizens’ Savings Scheme, 2019- Detailed Analysis

December 17, 2019 7815 Views 3 comments Print

Government has notified new Senior Citizens’ Savings Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 916(E). Article explains  Opening of account under Senior Citizens’ Savings Scheme, 2019, Deposit under Senior Citizens’ Savings Scheme, 2019, Interest on deposit under Senior Citizens’ Savings Scheme, 2019, Premature closure of account under Senior Citizens’ Savings Scheme, 2019, […]

Public Provident Fund Scheme, 2019- Detailed Analysis

December 17, 2019 17886 Views 2 comments Print

Government has notified new Public Provident Fund Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 915(E). Article explains  Limits of number of PPF accounts under Public Provident Fund (PPF) Scheme, 2019, Limits of subscription under under Public Provident Fund (PPF) Scheme, 2019, Manner of making deposit under under Public Provident Fund (PPF) Scheme, […]

All about National Savings (Monthly Income Account) Scheme, 2019

December 17, 2019 3294 Views 0 comment Print

Government has notified new National Savings (Monthly Income Account) Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 917(E).  Article explains about Opening of account under National Savings (Monthly Income Account) Scheme, 2019, Deposits and withdrawals under National Savings (Monthly Income Account) Scheme, 2019, Interest on deposit under National Savings (Monthly Income Account) Scheme, […]

National Savings Certificates (VIII Issue) Scheme, 2019- detailed Analysis

December 17, 2019 4764 Views 1 comment Print

Government has notified new National Savings Certificates (VIII Issue) Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 919(E).  Article explains about Type of accounts under National Savings Certificates (VIII Issue) Scheme, 2019,  Deposits under National Savings Certificates (VIII Issue) Scheme, 2019, Payment on Maturity under National Savings Certificates (VIII Issue) Scheme, 2019, Pledging […]

JVAT Act: ITC Cannot be denied for default by selling dealer: Jharkhand HC

December 17, 2019 5916 Views 0 comment Print

Tarapore & Company Vs State of Jharkhand (Jharkhand High Court) We find that the petitioner firm had acted absolutely in a bona fide manner, as is also apparent from the impugned order dated 20.11 .2017, as contained in Annexure-5 to the writ application, and had discharged its tax liability by paying the VAT amount to […]

HC orders releases of goods as petitioner already paid amount in excess of fine

December 17, 2019 729 Views 0 comment Print

Raj Chamunda Roadlines Vs State of Gujarat (Gujarat High Court) Having regard to the fact that the petitioner has already paid the amount of Rs.1,85,248/­, which is more than the amount of fine in lieu of confiscation in terms of the order of confiscation passed under section 130 of the Central Goods and Service Tax […]

Kisan Vikas Patra Scheme, 2019 – Detailed analysis

December 17, 2019 11847 Views 0 comment Print

Government has notified new Kisan Vikas Patra Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 920(E). This article covered topics related to  Type of accounts under Kisan Vikas Patra Scheme, 2019, Deposits under Kisan Vikas Patra Scheme, 2019 Payment on maturity under Kisan Vikas Patra Scheme, Premature closure of account, Pledging of account, […]

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