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Archive: 08 December 2023

Posts in 08 December 2023

US, UK And Canada Have no Business to Point Fingers at India

December 8, 2023 1623 Views 0 comment Print

Explore the blatant hypocrisy of US, UK, and Canada in pointing fingers at India. Uncover the motives behind promoting Khalistani separatists and the need for accountability

Reasonable time period is 30 days for filing reply to GST Show Cause Notice

December 8, 2023 6678 Views 0 comment Print

Madhya Pradesh High Court ruling in Raymond Ltd. vs Union of India, affirming a 30-day timeframe for responding to GST Show Cause Notices, setting a precedent for reasonable opportunities.

Revenue Department can release confiscated vehicle against bond & surety

December 8, 2023 807 Views 0 comment Print

Kerala High Court’s landmark decision in Biju V.T. vs Senior Enforcement Officer case, empowering Revenue Department’s discretionary release of seized vehicles upon Assessee’s bond and surety.

IBBI cancel registration of IP for repeated contraventions, unresponsiveness & continuous absence

December 8, 2023 663 Views 0 comment Print

Explore the detailed analysis of the Insolvency and Bankruptcy Board of India (IBBI) Disciplinary Committee’s order suspending Mr. Manish Gupta, a registered Insolvency Professional.

Prohibition on De-Oiled Rice Bran Export Extended Till March 31, 2024

December 8, 2023 714 Views 0 comment Print

Explore the latest DGFT Notification 51/2023 dated 8th December, amending the export policy of De-Oiled Rice Bran, extending the prohibition till March 31, 2024.

Yellow Peas Import Policy amended to ‘Free’ till 31st March 2024

December 8, 2023 1401 Views 0 comment Print

Read recent amendments to India’s Yellow Peas import policy under ITC(HS) Code 07131010. Learn about revised conditions, MIP removal, and the impact on trade.

2 Recent Dangerous Changes In GST- Rule 88C And Rule 88D

December 8, 2023 15261 Views 0 comment Print

Explore the dangers posed by recent GST changes in Rule 88C and Rule 88D. Learn the repercussions for GSTR-1 vs 3B and GSTR-2B ITC vs 3B ITC discrepancies. Stay compliant to avoid penalties.

Insolvency Professionals Appointment Guidelines 2023 by IBBI

December 8, 2023 2046 Views 0 comment Print

Explore the Insolvency and Bankruptcy Board of India’s latest guidelines (2023) for appointing Interim Resolution Professionals, Liquidators, Resolution Professionals, and Bankruptcy Trustees. Learn about eligibility criteria, expression of interest, scoring criteria, and more.

Pay 3rd Instalment Advance Tax for AY 2024-25 by 15th Dec: Guidelines & Example

December 8, 2023 6768 Views 0 comment Print

Understand how to pay your 3rd instalment of Advance Tax for the Assessment Year 2024-25 before the deadline on 15th December. Detailed guidelines and a practical example provided.

Latest GSTN Advisories: ITC Compliance, Rule 37(A) Reversal, Biometric Authentication

December 8, 2023 5574 Views 0 comment Print

Stay informed with the latest GSTN advisories, covering topics such as ITC compliance, Rule 37(A) reversal, biometric authentication pilot, and address/contact details of promoters.

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