Under the preview of the law the power to search and seize goods in the terms of provisions of section 67(2) of the CGST Act and corresponding Rule 139(2).It could have been exercise only by the proper officer who is not below the rank of Joint Commissioner, hence the principle followed of section 69 which state the power to arrest.
CBIC has endeavored to provide an Anonymized Escalation Mechanism for ICEGATE registered users where they submit their grievance for delay in Bill of Entry clearance under faceless assessment. The delay in clearance would subsequently be escalated to the concerned Faceless Assessment Officers.
This guide on LLP Form-11 is prepared with an objective to creating user awareness and also to provide detailed guidance on the procedural aspects relating to filing of Form- 11 that we hope will enable higher levels of user accuracy.
Learn how tax planning can help salaried employees save money on income tax. Discover deductions, exemptions, and allowances that can reduce your tax liability.
An importance of stamp duty in every financial transaction cannot be understated. Especially, when such key transactions is a corporate arrangement, for which stamp duty is required to be paid or else there may be severe repercussions.
Discover the One Nation One Housing Policy and its impact on providing affordable and adequate housing for all in India.
Understand the impact of GST on pre-packed and labeled retail pack of food items. Learn about the new proposal and its implications for consumers and businesses.
Section 16 of CGST Act, 2017 prescribes the eligibility and conditions for claiming input tax credit. S. 16(1) entitles every registered person to take credit input tax credit, subject to section 49, on both goods and services used in the furtherance of his business.
Air India Ltd. Vs CIT (ITAT Mumbai) Introduction Appeals were filed before the Hon’ble ITAT against the order of the AIR INDIA LIMITED Vs Ld. Commissioner of Income Tax (Appeals), NFAC, Delhi which was pertaining to the assessment years 2016-17, 2017-18,2018-19 and 2019-20. Grounds of appeal The decision of the Joint Commissioner of Income Tax […]
Held that keeping in view the gravity of the crime, it being socio-economic offence, petitioner is not entitled for pre-arrest bail.
