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Archive: August, 2023

Posts in August, 2023

CCI Directs DGAP to Investigate ‘Jaypee Greens Kalypso Court’ Units for Profiteering

August 29, 2023 885 Views 0 comment Print

Competition Commission of India investigates Jaypee Greens Kalypso Court for alleged profiteering and non-compliance with the CGST Act. Detailed report inside.

Anti-Profiteering provisions not attracted to project ‘Godrej Elements’: CCI

August 29, 2023 729 Views 0 comment Print

Analysis of case between Sparsh Chowdhary and Pearlite Real Properties regarding anti-profiteering under CGST Act, 2017 for Godrej Elements project.

Amendment in Export Policy of Non basmati rice under HS Code 10063090

August 29, 2023 1224 Views 0 comment Print

In relaxation of Notification No.20/2023 dated 20th July, 2023 export of non-basmati white rice is allowed when export duty is paid before 21:57:01 hours on 20.07.2023.

Correction to Income Tax Notification for Accommodation Perquisite Valuation

August 29, 2023 2511 Views 0 comment Print

Corrigendum for the Notification bearing G.S.R. No. 615 (E) dated 18.08.2023 i.e. Income Tax Notification No. 65/2023 dated 18th August, 2023 related to Amended Income Tax Rules for Valuation of Accommodation Perquisite. MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF DIRECT TAXES) CORRIGENDUM New Delhi Notification No. 72/2023-Income Tax | Dated: 29th August, 2023 […]

Dharampal Satyapal Ltd. Challenges Authority of GST Council to hike GST Rate

August 29, 2023 2988 Views 0 comment Print

Analysis of Dharampal Satyapal Limited’s case against the GST Council’s decision to change the classification and GST rate of coated illaichi.

Advance Ruling application not admitted as applicant not submitted proof of applicable fees

August 29, 2023 543 Views 0 comment Print

It is observed that the applicant has not submitted the proof of applicable fees. A notice for virtual hearing was issued to the applicant for 05.07.2022 and during the virtual hearing he was directed to submit the proof of fees as per the provisions.

Financial Planning In The Digital Era: What You Need To Know !!

August 29, 2023 1542 Views 0 comment Print

Step into a new era of financial planning that’s as dynamic as it is efficient! The days of traditional money management are behind us, making way for a seamless and technologically advanced approach to handling your finances.

Mergers & Acquisitions: Catalyst for Corporate Success in Evolving Industries

August 29, 2023 561 Views 0 comment Print

In the ever-evolving landscape of business, M&A stands out as a potent instrument that empowers companies to adapt, evolve, and prosper. Through the magic of corporate synergy, two enterprises can harness their strengths, reduce costs, expand into uncharted territories, and stoke the fires of innovation.

Pre-deposit made through E-credit ledger is valid under GST: Orissa HC

August 29, 2023 3408 Views 0 comment Print

Orissa High Court supports pre-deposit in GST appeal through the Electronic Credit Ledger (ECL). Insight into Kiran Motors Vs Addl. Commissioner of CT & GST.

No Service Tax on School Children Transportation: CESTAT Ahmedabad

August 29, 2023 1461 Views 0 comment Print

CESTAT Ahmedabad ruling in Akshar Travels v. C.C.E. & S.T.-Daman exempts school children transportation from service tax, citing educational body exclusion.

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