Barter and exchange are two significant forms of supply under GST. Not much has been written and spoken on these two concepts. This paper is an attempt to go a little deeper into the nitty gritty of both phrases. Barter has been the oldest mode of making transactions since the beginning of civilization till money […]...
In most of cases the person who receives summon feels very uncomfortable as it is an invitation of some trouble. Practically what should be our approach when we receive summon under section 70 of CGST Act, 2017?...
State Bank of India Vs Ajay Kumar Sood (Supreme Court of India) -
State Bank of India Vs Ajay Kumar Sood (Supreme Court of India) SC held that On the note of accessibility, the importance of making judgments accessible to persons from all sections of society, especially persons with disability needs emphasis. All judicial institutions must ensure that the judgments and orders being published by them do ...
SEEKING FACILITATION OF FILING FORM GSTR 9-A ( ANNUAL RETURN) FOR THE PERSON WHO OPTED TO PAY COMPOSITION TAX, ON THE GST COMMON PORTAL, IMMEDIATELY SINCE FOR 2020-21. 1. DISTINGUISH ‘FINANCIAL RETURN’ AND ‘ANNUAL RETURN’ :- Very clearly speaking, the form GSTR-4 is a financial year- Return, shall be furnish between the ...
After Companies (Incorporation) Amendment Rules 2021, a Company can voluntary convert itself to private/public limited at anytime without meeting any specified criteria of paid up share capital and turnover. The conversion of OPC into a private limited company will not affect the existing debts, liabilities, obligations or contracts of OP...
Employee Provident Fund Organization (EPFO) – What is EPFO, its structure, services, and the most recent updates The Employees’ Provident Fund Organization (EPFO) is a statutory agency established by the Indian government. As the largest social security institution in the country, it primarily encourages people to save for retirem...
SC held that revenue department cannot initiate criminal proceedings for transactions entered into prior to the Benami Transaction (Prohibition) Amendment Act, 2016 ...
Neeraj Kakkar Vs Parsvanath Developers Ltd. (Delhi State Consumer Disputes Redressal Commission) -
Held that Complainant duly paid the amount, however, the developer failed in providing timely construction service. It is directed to refund the amount already paid by Complainant, along with interest @6% p.a....
Royal Cushion Vinyl Products Limited Vs Commissioner Of Customs Export (CESTAT Mumbai) -
Royal Cushion Vinyl Products Limited Vs Commissioner Of Customs Export (CESTAT Mumbai) On perusal of the date chart/list of events, as above, we find that as a sick company, the applicant was pursuing the matter before the BIFR under the Sick Industrial Companies (special Provisions) Act, 1985. Further, on examination of the case records,...
Mohammad Shafi Wani Vs Noor Mohammad Khan (Jammu & Kashmir High Court) -
Held that provisions contained in Section 138 of the NI Act is to be interpreted in a liberal manner so as to achieve the object for which the said provision has been enacted. Thus, dishonor of cheque due to difference in signatures is also covered under section 138 of the Negotiable Instruments Act...