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Archive: 23 October 2023

Posts in 23 October 2023

Amendments to IFSCA AML, CTF, and KYC Guidelines, 2022

October 23, 2023 363 Views 0 comment Print

Discover latest updates in International Financial Services Centres Authority (IFSCA) Guidelines for Anti Money Laundering and Counter-Terrorist Financing in 2022 and their impact on regulated entities

UAE VAT Registration vs. India GST Registration: A Comparison

October 23, 2023 1575 Views 0 comment Print

Explore registration process under UAE VAT and India GST. Understand key differences and requirements for businesses in these tax regimes

Transfer Pricing Rules: Substantial Question of Law or Facts

October 23, 2023 1326 Views 0 comment Print

Explore landmark cases like SAP Labs vs. IT Officer, Evalueserve vs. Commissioner, and Softbrands vs. IT. Learn how the law and facts intersect in transfer pricing disputes.

Police Testimony Alone Insufficient for Conviction: Allahabad HC

October 23, 2023 555 Views 0 comment Print

Allahabad High Court’s recent judgment underscores that accused individuals cannot be convicted based solely on police personnel testimony.

Sikkim HC to Rule on Challenge to CGST Rule 31A

October 23, 2023 738 Views 0 comment Print

Sikkim High Court is set to decide on the challenge to Rule 31A of the CGST Rules. Learn about the case and its implications in this update.

CBDT Grants Condonation for AY 2021-22 Form 10-IC Filing Until 31.01.2024

October 23, 2023 14376 Views 4 comments Print

CBDT grants a filing extension for Form 10-IC related to AY 2021-22. Learn the conditions for this extension and the new deadline in this update.

CAAR Cannot Rule on Goods’ Classification Under Quality Control Order, 2022

October 23, 2023 351 Views 0 comment Print

Read about a CAAR Delhi case where it couldn’t provide a ruling on the classification of goods under the Quality Control Order, 2022.

CAAR cannot give advance ruling on the intent of notification

October 23, 2023 420 Views 0 comment Print

Explore a case where CAAR Delhi clarifies its role in interpreting customs notifications, refusing to provide rulings on notification intent

Roasted Areca/Betel Nuts classifiable under CTI 2008 19 20

October 23, 2023 504 Views 0 comment Print

Roasted areca/betel nuts fall under Custom Tariff Heading 2008, specifically under CTI 2008 19 20 ‘Other roasted nuts & seeds’ of Chapter 20 of First Schedule of Customs Tariff Act, 1975.

DGFT Prohibits Import of Human Embryo and Human Gametes

October 23, 2023 651 Views 0 comment Print

Discover the recent amendment to India’s import policy, prohibiting the import of human embryos and gametes under ITC(HS) 0511 99 99.

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