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Archive: 20 November 2023

Posts in 20 November 2023

Wireless Access Points is exempted from whole of customs duty vide notification dated 01.03.2005

November 20, 2023 588 Views 0 comment Print

CESTAT Delhi held that Wireless Access Points which works on technology and doesn’t support LTE is exempted from whole of customs duty under serial 13(iv) of the notification dated 01.03.2005.

Disallowance of expense owing to suspension of business unsustainable in absence of closure of business

November 20, 2023 1068 Views 0 comment Print

ITAT Delhi held that disallowance of expenditure owing to suspension of business unsustainable as there is nothing on record to show that assessee has completely abandoned or closed the business forever by disposing of its assets and going into liquidation.

E-Way Applicability for Movement of Gold, Silver & Precious Stones in Karnataka

November 20, 2023 23640 Views 3 comments Print

Implications of Karnataka’s E-Way Bill notification on movement of gold, silver, and precious stones. Learn about intra-state and inter-state compliance, B2B, and B2C transactions.

GST on Personal & Corporate Guarantee

November 20, 2023 11016 Views 0 comment Print

Learn more about GST on Personal and Corporate Guarantees, based on the 52nd GST council’s recommendations. Understand the difference between personal, bank & corporate guarantees.

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