Explore key updates from Circular No. 170/02/2022-GST to 172/02/2022-GST, covering details on inter-State supplies, ITC availed, reversals, and provisions under section 17(5) of CGST Act. Stay informed on GST compliance changes.
Summary of GST notification 09/2022 to 14/2022 central tax: Learn about the rules for transferring tax amounts and the consequences of wrongly availing and utilizing ITC.
‘Guidelines on Prevention of Misleading Advertisements and Endorsements for Misleading Advertisements, 2022’ seek to ensure that consumers are not being fooled with unsubstantiated claims, exaggerated promises, misinformation and false claims. Such advertisements violates various rights of consumers such as right to be informed, right to choose and right to be safeguarded against potentially unsafe products and services.
Hiveloop Technology Pvt. Ltd. Vs Parle Products Private Limited (CCI) The Commission notes that, in respect of the assertion of the Informant of ‘must stock’ items, an attempt has been made to show that the stock of a particular type of biscuits of Parle is akin to ‘essential’. It is further claimed that it is […]
Whether the collection of PIS charges by Chhattisgarh Chemist and Druggist Association (CCDA) from pharmaceutical companies was made mandatory/compulsory by CCDA in contravention of provisions of Section 3 of Competition Act?
In re Aquila Solar Power Pvt Ltd (CAAR Mumbai) Whether the applicant, being a private undertaking and engaged in setting up of solar power plants is eligible to import goods at concessional rate? CAAR held that Applicant, being a private undertaking and engaged in setting up of solar power plants is eligible to import goods at concessional […]
In re BASF India Limited (CAAR Mumbai) CAAR held that the 3 products, i.e., Lucantin Red 10% NXT, Lucantin Yellow 10% NXT and Lucantin Pink are classifiable under heading 2309 and more specifically, under subheading 23099090 of the first schedule to the Customs Tariff Act, 1975. FULL TEXT OF THE ORDER OF CUSTOMS AUTHORITY OF […]
The government has now decided that the negative balance in the cash ledgers of such taxpayers should be nullified. Accordingly, the negative balance has been nullified.
Board of Directors or shareholders can also have power to remove the director of a Company under section 169 of the Companies Act, 2013.
Corporate Insolvency Resolution Process (CIRP) was initiated against Trident Sugars Ltd. and had appointed Mr. Medi Yadaiah as the Interim Resolution Professional (IRP) as the Corporate Debtor had neither paid the balance amount nor raised any dispute in respect of the quantity or the amount at any point of time.
