"17 April 2021" Archive

Piyush Goyal attacks Maharashtra CM over Lack of oxygen issue

Shri Piyush Goyal says Maharashtra has so far received the highest quantity of Oxygen in India; Currently producing 110% of Oxygen generating capacity and diverting all available Oxygen from industrial use to medical use: Shri Goyal...

Read More
Posted Under: Corporate Law |

The Jigsaw of Pre-Packaged Insolvency for MSMEs

The Insolvency and Bankruptcy Code (Amendment) Ordinance, 2021 was promulgated by the President on the Fourth day of April 2021. The Ordinance has been introduced with the intent to provide an efficient alternative insolvency resolution process for corporate persons classified as micro, small and medium enterprises (MSMEs) thus ensuring a...

Read More
Posted Under: Corporate Law |

State Governments cannot levy electricity duty on inter-State sale of electricity: Tripura High Court

ONGC Tripura Power Company Ltd. Vs State of Tripura (Tripura High Court)

ONGC Tripura Power Company Ltd. Vs State of Tripura (Tripura High Court) In a significant legal victory for electricity-generating companies, the Tripura High Court has held State Governments cannot levy electricity duty on inter-State sale of electricity. ONGC Tripura Corporation Ltd had challenged the provisions of the Tripura Electrici...

Read More

NCLAT Judgement Summary for the Month of March, 2021

NCLAT JUDGEMENT SUMMARY FOR THE MONTH OF MARCH’ 2021 ON IBC, 2016 It gives us immense pleasure to share our 1st Edition of NCLAT Judgement Summary for the month of March’ 2021 covering summary/ gist of finding of the Hon’ble NCLAT. The Judgement summary prepared by us is for the purpose of understanding in short […]...

Read More
Posted Under: Corporate Law |

De-linking of Debit Notes for ITC – A Judicial perspective

Amended Section 16(4) to de-link ITC on Debit Note with Invoice fails to get stamping of Gujarat AAR in case of M/s I-Tech Plast Input tax credit is a beneficial piece of legislation but subject to various conditions and limitations prescribed under Section 16 and 17 of CGST Act, 2017. One of the conditions contained […]...

Read More
Posted Under: Corporate Law |

Liability to pay in certain cases under Central Goods and Services Tax Act, 2017

Liability to pay in certain cases under Central Goods and Services Tax (CGST) Act, 2017 Chapter XVI of the Central Goods and Services Tax Act, 2017 deals with liability to pay tax in certain cases, where an amount is due under the GST regime (Tax, Interest, and Penalty) which cannot be recovered from the taxpayer […]...

Read More
Posted Under: Corporate Law |

Time period of realisation of Export Proceeds under FEMA

A. P. (DIR SERIES 2019-20) Circular No. 27 01/04/2020

FEMA UPDATE > Temporary relaxation in time period of realisation of Export Proceeds- – The Government of India as well as the Reserve Bank has been receiving representations from Exporters Trade bodies to extend the period of realisation of export proceeds in view of the outbreak of pandemic COVID- 19. – It has, therefore, ...

Read More
Posted Under: Corporate Law |

FSSAI Registration License requirement, Validity, Fees & Process

FSSAI stands for Food Safety and Standards Authority of India. every food operator involved in manufacturing, processing, distribution of food in India must need to obtain FSSAI registration or license. it ensures that the food product undergoes with quality checks it reduces the chance of food adulteration. FSSAI registration is required...

Read More
Posted Under: Corporate Law |

Candidature cannot be rejected by making employees undergo a test without wearing glasses

The State of Tamil Nadu Vs M. Salai Gayathri (Madras High Court)

The State of Tamil Nadu Vs M. Salai Gayathri (Madras High Court) The issue involved in these batch of Writ Appeals lies in a narrow compass viz., Is a person, who could only perform a regular function by wearing glasses would become disentitle to a post he can otherwise perform, by making an assessment qua […]...

Read More

No GST to be paid during Search & Seizure unless accepted as GST liability

Shri Nandhi Dhall Mills India Private Limited Vs Senior Intelligence Officer (Madras High Court)

The Hon’ble Madras High Court in Shri Nandhi Dhall Mills India Pvt. Ltd. v. Senior Intelligence Officer, DGGST & Ors. [W.P. No. 5192 of 2020 and WMP. No. 6135 of 2020] directed the Revenue Department to refund the amount of INR 2 crore collected from the assessee during the investigation. Held that, merely because the […]...

Read More

Search Posts by Date

May 2021
M T W T F S S
 12
3456789
10111213141516
17181920212223
24252627282930
31