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Archive: 11 August 2023

Posts in 11 August 2023

Neeraj Chowdhary Vs BPTP Ltd.: Consumer Victory in Property Dispute

August 11, 2023 1980 Views 0 comment Print

Neeraj Chowdhary Vs BPTP Ltd. (NCDRC Delhi) In a significant ruling, the National Consumer Disputes Redressal Commission, Delhi, has delivered a judgment in the case of Neeraj Chowdhary Vs BPTP Ltd., bringing relief to a group of home buyers who had been grappling with delays and uncertainties in the completion of their residential project. The […]

Impact of Imposing 28% GST on Online Gaming Industry: Government’s Response

August 11, 2023 1863 Views 1 comment Print

Learn about estimated size of India’s online gaming industry, projected revenue collection from proposed 28% GST, and rationale behind imposing 28% GST. Impact of the 28% GST on growth and revenue generation of online gaming industry, as outlined by Indian Government.

Request to consider mechanism to remit interest on un-utilized ITC

August 11, 2023 8202 Views 2 comments Print

I propose that the CGST Department consider the introduction of a mechanism to remit interest on un-utilized ITC. Much like the system implemented for income tax refunds, where interest is added for retaining tax till filing of return and claim, this approach could offer businesses a much-needed relief when faced with a scenario of accumulating un-utilized ITC.

Value of Imported goods cannot be enhanced without Speaking Order

August 11, 2023 312 Views 0 comment Print

CESTAT Chennai directs reconsideration of customs duty on imported aluminium powder by Metal Powder Company Ltd., citing lack of speaking order.

No Service Tax on Advertisement Expense Reimbursement

August 11, 2023 849 Views 0 comment Print

CESTAT Chennai ruled no service tax is leviable on ABC Consultants Pvt. Ltd. for reimbursement of advertisement charges following precedent.

Madras HC: GST Department to De-Freeze Bank Account on Tax Instalment Payment

August 11, 2023 1101 Views 0 comment Print

Madras HC directs the GST Department to de-freeze N.S. Rathinam And Sons PVT Ltd’s bank account after the first installment of tax is paid.

Consumer Not Liable for Bank’s Negligence in Unauthorized Transactions

August 11, 2023 1398 Views 0 comment Print

In present facts of the case, the National Commission while relying upon the RBI Circular dated July 6, 2017 observed that there will be zero liability of a customer where the unauthorized transaction occurs in events involving contributory negligence on the part of the Bank and have accordingly allowed the Petition.

Consumer Protection Act: Prioritizing Consumer Welfare Over Technicalities

August 11, 2023 801 Views 0 comment Print

In present facts of the case, it was observed that Consumer Protection Act is a beneficial legislation, in case of any ambiguity, the clauses must be read in favour of consumer. The hyper technicalities cannot create obstacles for the Consumer.

Section 499 IPC: Accusation to Lawful Authority Not Defamatory

August 11, 2023 1191 Views 0 comment Print

In present facts of the case, the Hon’ble Supreme Court observed that it is not a defamation to prefer in good faith an accusation against any person to any of those who have lawful authority over that person with regard to the subject-matter of accusation.

HC Quashes Appeal as No Incriminating Material Found During Income Tax Search

August 11, 2023 444 Views 0 comment Print

Delhi High Court dismisses the Income Tax Departments appeal against Meera Gupta for Assessment Years 2009-10, 2011-12 & 2013-14, affirming SC ruling.

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