Learn how to report the transfer of shares between a resident and non-resident as per the Foreign Exchange Management Act and Regulations.
Asiatic Drugs & Pharmaceuticals Pvt Ltd Vs Commissioner CGST (CESTAT Delhi) The issue in this appeal is whether the refund claim of the appellant-asseesse have been rejected which was collected on ocean freight. CESTAT find that the transaction value for Custom duty and Excise duty (CVD), includes the ocean freight, and accordingly I hold that […]
It is settled position of law that merely because credit was outstanding for long time not lead to conclusion that sundry creditors are not payable
As you are aware that Arbitration is one of the best Alternate Disputes Resolution process, which saves time, money and energy of the parties. The Transfer of Property Act, 1882 no where prohibits deciding of cases through arbitration.
India Cements Ltd. Vs Commissioner of GST & Central Excise (CESTAT Chennai) CESTAT held that that the credit on outward transportation from the place of removal upto the buyers’ premises / dealers for period upto 31.03.2008 is eligible. FULL TEXT OF THE CESTAT CHENNAI ORDER The above matters have come up for hearing as per […]
Raghav Trading Corp Vs ITO (Rajasthan High Court) When this case came up for hearing today, learned counsel for the parties jointly submitted that the issue raised in this petition would be covered by order dated 04.05.2022 passed by the Hon’ble Supreme Court in the case of Union of India & Others Vs. Ashish Agarwal […]
India is fast becoming one of the world’s largest connected nations – with over 80 Crores Indians presently connected and using the Internet and cyberspace – and with this number expected to touch 120 Crores in coming few years. The Internet also represents an important part of our Economy –
CBIC levy anti-dumping duty on Fluoro Backsheet excluding transparent backsheet originating in or exported from China PR for a period of five years, 2022 vide Notification No. 22/2022-Customs (ADD) GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 22/2022-Customs (ADD) New Delhi, the 15th June, 2022 G.S.R. 451(E). Whereas, in the matter of “Fluoro […]
(i) This scheme may be called the Sovereign Gold Bond Scheme 2022-23 (ii) There will be a distinct Series (starting from Series I) which will be indicated on the Bond issued to the investor.
Money laundering is the most organized crime. It has been creating a lot of problems in our country. Section 3 of Prevention of Money-laundering Act, 2002 [here-in mentioned PMLA, 2002] defines Money-laundering. Laundering means to clean something, here the launderer cleans illegally obtained funds which have been generated through criminal activity and allow this dirty money to be used in the economy.
