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Archive: 21 December 2022

Posts in 21 December 2022

Distribution of Capital Market Products and Services under IFSCA regulations

December 21, 2022 1155 Views 0 comment Print

Distribution of Capital Market Products and Services under International Financial Services Centres Authority (Capital Market Intermediaries) Regulations, 2021

GST demand on export not done by BHEL: HC Grants stay to ESL Steel Limited

December 21, 2022 978 Views 0 comment Print

ESL Steel Limited Vs Bharat Heavy Electronic Limited (Jharkhand High Court) The Petitioner made supplies for export to Bharat Heavy Electricals Ltd (BHEL). The goods were ultimately exported, albeit with delay. Petitioner and BHEl made representations to the Revenue for condonation of delay in exports. Reliance was placed on Para 5.1 of Circular No. 37/11/2018-GST […]

Raula Gundi is Chewing Tobacco (without lime tube) & falls under HSN 24039910

December 21, 2022 1842 Views 0 comment Print

AAR held that Final product of Applicant under brand name ‘Raula Gundi’ is Chewing Tobacco (without lime tube) and HSN Code is ‘2403 9910’.

Ex-parte orders violates principles of natural justice & entails civil consequences

December 21, 2022 2916 Views 0 comment Print

Patna HC set aside the ex-parte rejection orders passed by the Revenue Department, owing to the violation of natural justice principles.

Corporate Social Responsibility – Detailed Analysis

December 21, 2022 3786 Views 0 comment Print

Discover the meaning and importance of Corporate Social Responsibility (CSR) with a detailed analysis of its rules and regulations in this blog post.

Increased service tax rate under composition not affect pending contracts

December 21, 2022 810 Views 0 comment Print

Calcutta High Court held that the rates of tax as increased would be prospective and shall not affect the pending contracts and therefore would be entitled to the compounded rate of tax at 2% for the relevant period.

HC quashed Order passed without considering reply & document produced

December 21, 2022 3456 Views 0 comment Print

Bombay High Court held that order passed without taking into account the reply and document produced by the petitioner to the show cause notice is liable to be quashed and set aside.

HC grants stay to Makemytrip on Penalty imposed by CCI

December 21, 2022 1509 Views 0 comment Print

Delhi High Court directed 10% of the penalty amount imposed by the Competition Commission of India, the recovery of the remaining 90% of the penalty amount would remain stayed.

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