Held that moratorium under section 14 of the Insolvency and Bankruptcy Code is applicable to legal proceedings initiated in terms of the EPF & MP Act
The Government has taken following measures for increasing investment and export in the Steel sector: – i. Notification of :- a. National Steel Policy 2017 which envisages, inter-alia, domestically meeting the entire demand of steel and high-grade automotive steel, electrical steel, special steel and alloys for strategic applications. b. Domestically Manufactured Iron & Steel Products […]
Maharshi Steel Industries Vs Commissioner of Sales Tax (Orissa High Court) HC held that that the expression ‘tin containers’ is to be understood in the normal commercial and trade parlance and it would be erroneous for the Department to insist that only containers manufactured entirely out of tin should be considered to be tin containers. […]
Held that the restriction contained under Section 9(3) of the Arbitration and Conciliation Act, 1996 doesn’t apply once an application under Section 9(1) for interim measures has been entertained by the Court.
Held that once such a dispute falls within the excepted matters, any decision by the General Manager on the issue of Notified Claims cannot be the subject matter of arbitration proceeding.
Last date of filing of Income Tax return is 31st July. But you know that last year work of financial year ending March 2021 is completed in the March 2022 and now all the tax payers salaried and general tax payer’s last date is 31st July and non-audited return is also 31st July
One of the peculiar issue has been the availability of ITC on demo cars where multiple contrary rulings by Advance ruling authorities have added to the confusion.
Held that as per Rule 2(b)(vii) of Companies (Acceptance of Deposits) Rules, 1975 read with General Circular No. 15/2015, the share application money given by the Petitioner for allotment of shares cannot be treated as deposits. Hence, penal interest not available to the petitioner.
Extension of the facility of 24×7 Customs clearance to ICDs across the country, so as to cater to the requirements of the trade.
Notification No. 65/2022-Custom (N.T.), Dated: 29.07.2022- Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) New Delhi, the 29th July, 2022 Notification No. 65/2022-Custom (N.T.) S.O. 3576(E).—In exercise of the powers conferred by sub-section (2) of […]
