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Archive: 09 January 2024

Posts in 09 January 2024

Customs Notification Eligibility: CESTAT Mumbai Orders Remand in Oki India Pvt Ltd Case

January 9, 2024 471 Views 0 comment Print

Explore the CESTAT Mumbai order on Oki India Pvt Ltd vs Commissioner of Customs. Analysis of ostensible eligibility for customs benefit and remand for consideration of alternative notification.

Article 226 Limited to Jurisdictional Lack or Absence of Material in UPGST Cases: Allahabad HC

January 9, 2024 801 Views 0 comment Print

Allahabad HC: Unless inherent lack of jurisdiction or complete absence of relevant material is alleged and established, no interference may be warranted under Article 226 of Constitution of India.

IRDAI Imposes Penalty on Anmol Medicare TPA for Loan Violations

January 9, 2024 465 Views 0 comment Print

Read about IRDAIs final order on Anmol Medicare TPA, imposing penalties for violating loan regulations. Detailed analysis of charges, TPAs response, and Authoritys decision.

Jammu & Kashmir HC directs Reconsideraton of ITC Claim of Malik Traders

January 9, 2024 762 Views 0 comment Print

Malik Traders have secured a directive from the Jammu & Kashmir and Ladakh High Court for the reconsideration of their ITC claim. The court’s emphasis on providing an opportunity for the petitioner to present evidence before the Appellate Authority reflects a commitment to fair adjudication in matters involving factual complexities.

No fee could be charged by Liquidator under scheme of section 230 of Companies Act, 2013

January 9, 2024 588 Views 0 comment Print

Appellant-Liquidator charged fee for the period from 15.03.2022 to 17.02.2023 as per the provisions of Regulation 4(2)(a) read with Proviso to Regulation 2B(3) of the Liquidation Regulations, 2016.

HC Quashes Ex Parte Order on Excise Duty for Lean Gas Incineration in Electricity Generation

January 9, 2024 729 Views 0 comment Print

Assessee had been a manufacturer of “Carbon Black” since 2009. During the process of manufacturing Carbon Black, a waste gas, off gas, or tail gas emerged as a by-product, and having regard to environmental norms and pollution laws, assessee incinerated the gas so as to prevent the emission of toxic materials, i.e., carbon monoxide (CO) and other hydrocarbons.

Strategic Asset Management for HUFs: Balancing Growth and Tax Efficiency

January 9, 2024 978 Views 0 comment Print

This comprehensive guide aims to provide insights, strategies, and practical tips for HUFs to balance growth and tax efficiency in their asset management, ensuring the optimal performance of their financial portfolios.

Summary of Hon’ble ITAT Pune decision on Transfer Pricing in the year 2023

January 9, 2024 1650 Views 0 comment Print

Explore detailed analysis of Hon’ble ITAT Pune decisions in 2023 on transfer pricing, covering allocation of expenses, custom duty, working capital, methods, and more.

Madras High Court Grants 3 Months to Pay GST Interest

January 9, 2024 1212 Views 0 comment Print

Explore the judgment of Madras High Court in the case challenging GST interest demand. Learn about the petitioner’s plea, court analysis, and the granted 3-month payment period.

Shipping Bill Assessment cannot be Challenged Without Final Order: CESTAT

January 9, 2024 588 Views 0 comment Print

Explore the CESTAT Kolkata order on refund claims rejected due to shipping bill assessment. Learn about Section 17 (5) of the Customs Act and its implications for challenging assessments.

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