Compliance with regulations governing the handling, storage, and transportation of explosives and gas cylinders is of paramount importance to ensure the safety of individuals, property, and the environment. In India, two significant pieces of legislation that regulate these aspects are The Explosives Act, 1884, and The Gas Cylinder Rules, 2016.
Embark on a futuristic journey to the year 2050 and explore the innovative landscape of income taxation in India. Witness the era of automation with the introduction of TaxBot 2050, making tax processes entirely digital. Experience the redefined progressive taxation, environmental responsibility with green taxation, and the rise of Universal Basic Income funded by wealth tax.
In re Nikon India Pvt Ltd. (CAAR Delhi) CAAR held that Nikon Camera Model No. N2120 with standard accessories proposed to be imported by the applicant is correctly classifiable under Sub-heading 85258900 of the First Schedule to Customs Tariff Act, 1975. Also, in terms of, “The Accessories (Condition) Rules, 1963, the said camera along with […]
Explore the key amendments in the IBBI (Insolvency Resolution Process for Corporate Persons) Regulations 2023, impacting CD personnel, creditors, and ARs.
Muhammad Salmanul Faris k Vs Superintendent, CGST & Central Excise (Kerala High Court) The Kerala High Court recently delivered a judgment in the case of “Muhammad Salmanul Faris k Vs Superintendent, CGST & Central Excise.” The case revolved around the cancellation of the petitioner’s GST registration by the Directorate General of Goods and Services Tax […]
Discover crucial rule (Rule 12) for updating director details in Companies Act, including a recent case involving penalties for non-compliance.
Even after GST registration cancellation, taxpayers must vigilantly monitor GST Portal. Section 169 of CGST Act allows notices, orders, and more to be served via the portal. Explore a recent Kerala HC case and understand implications of this provision.
CESTAT Mumbai held that once the duty on final products has been accepted by the department, CENVAT credit availed need not be reversed even if the activity docs not amount to manufacture.
ITAT Amritsar held that excess stock found during the survey only be treated as income under the head business income and not as deemed income under section 69B of the Income Tax Act.
CESTAT Kolkata held that central excise duty exemption available under notification no. 108/95-CE dated 28.08.1995 as amended vide Notification No.13/2008-CE dated 01.03.2008 is allowable to appellant as motor vehicle chassis are cleared to the projects funded by International Organization.
