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Archive: 16 February 2024

Posts in 16 February 2024

Covering SEZs and EOUs under the RoDTEP Scheme

February 16, 2024 1614 Views 0 comment Print

Governments latest memo explores covering SEZs and EOUs under RoDTEP Scheme. Learn about the implications and updates from the Ministry of Commerce & Industry.

MCA operationalises CPC for Centralised Processing of Corporate Filings

February 16, 2024 3843 Views 0 comment Print

Discover the Ministry of Corporate Affairs (MCA) latest initiative – the Central Processing Centre (CPC). Learn about the centralized processing of corporate filings, time-bound procedures, and the impact on Ease of Doing Business.

FAQs on Action against Paytm Payments Bank Ltd and Clarification

February 16, 2024 3294 Views 0 comment Print

Explore the recent RBI action against Paytm Payments Bank under Section 35A of the Banking Regulation Act, its impact on accounts, wallets, and services, and find answers to FAQs

Transfer of development rights would be considered as service under GST Law

February 16, 2024 8970 Views 0 comment Print

Prahitha Constructions Private Limited Vs Union of India (Telangana High Court) The Hon’ble Telangana High Court in the case of M/s. Prahitha Constructions Private Limited v. Union of India and Ors. [Writ Petition No. 5493 of 2020 dated February 09, 2024] dismissed the writ petition and held that transfer of development rights would be considered […]

Cess levied under Goa Cess Act is valid and not subsumed by GST Laws

February 16, 2024 1608 Views 0 comment Print

The Honble Bombay High Court in Sesa Sterlite case validates the levy of Cess under the Goa Rural Improvement and Welfare Cess Act, asserting its not subsumed by GST laws. Get insights into the courts decision and its implications.

SEBI’s New AIF Valuation Guidelines

February 16, 2024 2058 Views 1 comment Print

Learn about SEBI’s circular on AIF valuation norms effective from November 01, 2023. Understand the principles for valuing traded and non-traded securities, gold, and silver, ensuring compliance and accuracy.

Post incorporation compliances for companies incorporated in India

February 16, 2024 4737 Views 0 comment Print

Discover crucial post-incorporation compliances for startups to avoid potential company striking off by the Registrar of Companies. Learn about forms, penalties, and timelines for key compliances.

Customs Brokers Not Liable for Client Background Checks: CESTAT Delhi

February 16, 2024 768 Views 0 comment Print

In the case of World Line Cargo Movers Vs Commissioner of Customs, CESTAT Delhi ruled that customs brokers cannot be held liable for background checks of clients.

CESTAT Appeal Disposal period Doesn’t Count Under Customs Act Section 28(9)

February 16, 2024 765 Views 0 comment Print

Delhi High Court ruled that the period spent in disposal of appeal before CESTAT shall not count towards period stipulated under Section 28(9) of Customs Act.

Madras HC Quashes GST Revision Order Against Renault Nissan

February 16, 2024 2397 Views 0 comment Print

Madras High Court overturns GST revision order, granting Renault Nissan a chance for fair hearing on their substantial ITC refund claim. Read for detailed insights.

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