Learn about the dismissal of CESTAT appeals following the NCLT order in the case of Commissioner of Customs vs Ferro Alloys Corporation Ltd.
CESTAT Mumbai held that in either of the three options given in sub-rule (3) of Rule 6, there is no provisions that if the assessee does not opt any of the option at a particular time, then option of payment of 5% will automatically be applied. Accordingly, demand unsustainable.
Learn about the ₹3.50 lakh penalty imposed by the Ministry of Corporate Affairs for delayed e-Form INC-20A filing, with detailed analysis and implications.
MCA imposed a penalty on M/s. Pearce Services Global Private Limited for non-compliance with requirement of filing E-Form INC-22 within stipulated time.
ITAT Delhi held that addition towards unexplained cash credit under section 68 of the Income Tax Act unjustified as necessary details explaining the source of credit entries duly provided.
ITAT Delhi held that disallowance of foreign travel expenditure justified as assessee failed to prove the business expediency of foreign trip and therefore assessee failed to discharge the primary onus.
Allahabad High Court held that imposition of penalty under section 129(3) of the UPGST untenable as no observation has been made with regard to intent to evade payment of tax.
Stay updated on Central Excise Amendment 2023. Explore the new duty rates effective from November 1, 2023. Detailed insights on changes in the petroleum industry.
Get the latest updates on Customs Act amendments in 2023 by the Ministry of Finance. Learn about changes in tariff values and effective dates. Stay informed
Central Excise Amendment 2023. Details on increased Special Additional Excise Duty on Petroleum Crude and reduced duty on ATF export, effective from November 1, 2023
