Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to decrease the Special Additional Excise Duty on Diesel | Notification No. 30/2022-Central Excise | Dated: 16th September, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 30/2022-Central Excise | Dated: 16th September, 2022 G.S.R. 707(E).—In exercise of the powers […]
Understand the obligation to mention Director Identification Number (DIN) in returns as per Section 158 of the Companies Act, 2013. Learn about the recent penalty imposed on M/s. Premier Solution Private Limited for non-compliance. Take immediate actions to ensure DIN is correctly indicated in all filings with ROC, NCLT, and other authorities to avoid penalties. Disclaimer: This article provides general guidance and should not be considered specific professional advice. For personalized assistance, consult with Affluence Advisory Private Limited.
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to decrease the Special Additional Excise Duty on production of Petroleum Crude and export of Aviation Turbine Fuel | Notification No. 29/2022-Central Excise | Dated: 16th September, 2022 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 29/2022-Central Excise | Dated: 16th September, 2022 G.S.R. […]
Understand the recent changes in reporting Input Tax Credit (ITC) claims in GSTR-3B Table 4. Explore the revised format, capturing eligible and ineligible ITC, bifurcating reversals, and ensuring accurate fund settlement between Central and State Governments. Get insights on reporting eligible ITC under various categories, the bifurcation of ITC reversed, and crucial details for compliance. Stay informed on the net ITC available and other essential aspects. Ensure correct ITC reporting in accordance with the law for seamless compliance.
Held that while the owner or any person transporting the goods has been granted the right to seek release, the transporter has right to seek the release of conveyance alone.
Held that the proper officer cannot transform the detention proceedings into a confiscatory proceeding. Further, power of confiscation can be invoked only in extraordinary circumstances.
Held that the credit which is admissible as input tax credit under the CGST Act can be availed as input tax credit. The quantum of credit which relates to the items which continued to be covered under the Central Excise Act would not be admissible as input tax credit under CGST Act.
In re KMV Projects Limited (GST AAR Karnataka) a. Works contract services executed to Public works Department, Government of Karnataka, for Construction of Airport Terminal Building in Shivamogga are liable to tax at 9% CGST as per entry No. 3(xii) of Notification No. 11/2017-Central Tax (Rate), dated: 28.06.2017 . b. Works contract services executed to […]
Held that the undertaking to use the aircraft for non-scheduled (passenger) service can be said to have been violated only when the DGCA finds that the use of the aircraft is not in accordance with the permit granted and only in that event the Customs authority can demand duty in terms of undertaking
Whether thermal based fogging machines used for mosquito/health/ pest/vector control can be classified as mechanical sprayers
