Bombay HC clarifies bank guarantee vs. corporate guarantee distinctions in Everest Kento Cylinders case. Ruling impacts income tax computation.
CESTAT Chennai dismisses appeal by Principal Commissioner of Customs against Contemporary Leather Pvt. Ltd. Allegations of not following CBEC norms in shipping bill conversion examined in detail.
Gauhati High Court stays GST Show Cause Notice against Pepsico India Holdings Pvt. Ltd. Form GST ASMT-10 not issued, challenging compliance of statutory rules.
Explore changes in Annual Performance Report (APR) compliance rules post introduction of Overseas Investment 2022. Learn about filing, exceptions, and penalties.
Explore pivotal relationship between Audit Committees and Internal Audit Departments. Learn roles, oversight responsibilities and key questions for effective collaboration.
Unlock the complexities of GST implications in commercial property leasing. Rajasthan AAR ruling clarifies factors influencing categorization and tax liabilities.
GST AAR Rajasthan clarifies Stadiometer & Infantometer classification as diagnostic medical equipment, placing them in 12% GST slab. Full order details.
In a recent GST ruling by Authority for Advance Ruling in Rajasthan, key questions pertaining to Urban Improvement Trust (UIT) Kota’s classification as a Government Entity, taxability of construction services, and impact of changes in tax rates were addressed.
In a recent ruling by AAR Rajasthan in case of M/S Pink City Steel Rolling Mills Pvt Ltd., issue of GST applicability on delayed payment of interest was addressed.
Explore the latest changes in Customs regulations with Notification No. 66/2023-Customs by the Ministry of Finance. Key amendments and their impact revealed.
