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Archive: January, 2024

Posts in January, 2024

Secretarial Standard-1 – Board Meeting (In Brief)

January 25, 2024 2133 Views 0 comment Print

Master the intricacies of Secretarial Standard-1 for Board Meetings. Understand convening, quorum, resolutions, and minute-keeping. Navigate compliance effortlessly with expert insights.

Kerala HC Quashes Income Tax Assessment Order Citing Violation of Natural Justice Principles

January 25, 2024 1980 Views 0 comment Print

Explore the Kerala High Court’s verdict on Income Tax assessment. Analysis of the PLY Park Vs ITO case, revealing a breach of natural justice principles. Read the detailed judgment.

Objective Criteria must for GST Registration Cancellation: Delhi HC:

January 25, 2024 1014 Views 0 comment Print

Explore the Delhi High Court’s ruling on GST registration cancellation. Learn why proper officer decisions must rely on objective criteria. Full judgment analysis.

Supreme Court set asides NCLAT order allowing adjustment against Performance Bank Guarantee instead of payment

January 25, 2024 1437 Views 0 comment Print

Explore the Jet Airways case: NCLAT’s key decision, SBI’s appeal, and the intricacies of the Resolution Plan, including conditions precedent and financial implications.

Lab’s inability to test a particular product renders its report unreliable for classification of that particular product

January 25, 2024 1521 Views 0 comment Print

Dive into the dispute of classifying imported goods – natural Calcite Powder or precipitated Calcium Carbonate? Explore the impact of lab testing limitations in Acme vs C.C.-Mundra case.

Kerala HC Directs Interest on Delayed GST Refund: Flooratex Rubber Case

January 25, 2024 1118 Views 0 comment Print

Kerala High Court orders interest on delayed GST refund to Flooratex Rubber, rejecting CGST and IGST portions. Legal analysis and implications discussed.

Retrospective GST Registration Cancellation Requires Justification: Delhi HC

January 25, 2024 1564 Views 0 comment Print

Explore the Delhi High Court’s ruling on retrospective GST registration cancellation. Learn about the importance of justification and objective criteria. Full judgment analysis.

Format of Draft Reply on DRC-01 GST

January 25, 2024 117021 Views 0 comment Print

Challenge a GST Show Cause Notice effectively. Explore legal defenses citing unsigned notice, incorrect DIN, early hearing date, and discrepancies. Learn from legal precedents for a robust reply.

Consider Rectification Request for ITC Claimed under CGST & SGST Instead of IGST: HC

January 25, 2024 43851 Views 0 comment Print

Explore the Kerala High Courts directive on rectification applications for wrongly claimed ITC under CGST and SGST instead of IGST. Legal insights and implications.

SCN for GST registration cancellation without proper reasoning is invalid

January 25, 2024 1050 Views 0 comment Print

Explore the Delhi High Courts decision setting aside GST registration cancellation due to an invalid Show Cause Notice lacking proper reasoning. Legal insights on the case.

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