Delhi High Court held that rejection of refund application on allegation of fake credit availed by the supplier is unsustainable in absence of any establishment of non-supply of goods from the said supplier.
CESTAT Chennai held that as per explanation to section 65(105)(zzzh) was added on 01/07/2010, builder/ developer/ promoter getting residential complex constructed for his customer and entering into individual agreements will be treated as deemed provider of construction of residential complex service. Accordingly, no liability of service tax will arise prior to 01/07/2010.
18 tariff lines falling under HS Code 5208 are being added in Appendix 4R under RoDTEP for exports made from 28.03.2023. Government of India Ministry of Commerce & Industry Department of Commerce Vanijya Bhawan, New Delhi Notification No: 63 /2015-2020-DGFT | Dated: 25th March, 2023 Subject: Inclusion of 18 HS Codes under Heading 5208 in […]
Delhi High Court held that whether condition 104 of Notification No. 21/2002-Cus. dated 01.03.2002 is complied or not is required to be considered by the Customs Authorities and Customs Authorities are not bounded by the decision of DGCA.
Madras High Court allowed the writ petition and directed acceptance of personal bond instead of bank guarantee, as condition for stay of assessment order, pending disposal of appeal in VAT demand matter.
Bombay High Court held that being in retail business of electronic appliances, cash deposits from various places cannot be doubted be considered suspicious transactions. Accordingly, cash deposits in crores cannot lead to a belief that the income has escaped assessment. Re-opening unjustified.
Bombay High Court held that re-assessment proceedings, in absence of any failure to disclose any material fact and without any new tangible material which was not available at the time of passing of the original assessment order, is unsustainable.
NCLT Delhi ordered initiation of CIRP as petition filed u/s. 7 of the Insolvency and Bankruptcy Code, 2016 by Financial Creditor is complete in all respect and it is clearly established that the Corporate Debtor is in default of a debt more than the minimum amount stipulated u/s. 4 (1) of the Code
Learn about the advantages, disadvantages, and formation process of One Person Company (OPC) in India. Start your own business with this unique form of business entity.
Understand the significance of Credit Score – its history, types, computation, and importance. Explore the components that make up your creditworthiness, and learn how to improve your credit score for better financial opportunities.
