Kerala High Court held that as importer-seller classified the HSN 8443 3100, the purchaser/re-seller cannot be said to have wilfully classified the machines under a wrong head with the intention to evade payment of correct/higher rate of tax. Hence, penalty unsustainable.
Stay updated on the recent Maharashtra VAT Act 2002 amendment regarding the inclusion of Taipei Economic and Cultural Centre (TECC) in Mumbai. Details here.
Explore the latest RBI circular on Credit/Investment Concentration Norms impacting Non-Banking Financial Companies. Learn about computation methods, exemptions, and disclosure requirements.
Explore RBI guidelines effective from April 1, 2024, on Statutory Auditor appointment for State and Central Co-operative Banks. Key insights for compliance and selection process.
Explore the Reserve Bank of India’s proposed framework for FinTech Self-Regulatory Organisations (SROs). Dive into characteristics, eligibility, functions, and governance. Share your feedback by February 2024.
Explore the draft circular by RBI on harmonising regulations for Housing Finance Companies (HFCs) with Non-Banking Finance Companies (NBFCs). Share your feedback by Feb 29, 2024
Explore RBI Draft Circular on Credit/Investment Concentration Norms for Government-owned NBFCs. Provide feedback by Feb 29, 2024. Details and analysis inside.
Explore the penalty imposed by the Ministry of Corporate Affairs on IREO GRACE REALTECH for violating Companies Act, 2013 by not filing Annual Returns and Financial Statements.
Explore the adjudication of penalty against HI ENERGY REALTORS PRIVATE LIMITED for violating section 92(4) of the Companies Act, 2013. Detailed analysis, consequences, and appeal process.
Explore the evolving landscape of Environmental, Social, and Governance (ESG) in corporate governance. Uncover the legal framework, mandatory compliance, regulator’s approach, and the transformative impact on businesses.
