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Archive: 16 February 2024

Posts in 16 February 2024

Liability of Resigned Directors in Negotiable Instruments: Supreme Court Verdict

February 16, 2024 2301 Views 0 comment Print

Explore the Supreme Court judgment on whether directors who resigned can be held liable for dishonored negotiable instruments. Understand the legal implications and ramifications.

Patna HC Stays GST Recovery Against SBI Life: GSTAT Non-constitution

February 16, 2024 738 Views 0 comment Print

Read about Patna High Court’s decision to stay GST recovery proceedings against SBI Life Insurance due to non-constitution of GSTAT. Full judgment included.

GST registration cannot be cancelled with retrospective effect mechanically

February 16, 2024 2049 Views 0 comment Print

Read about the Delhi High Court’s decision to quash a retrospective GST cancellation order due to non-filing of returns following the taxpayer’s death.

Bihar HC Upholds GST Registration Cancellation for Non-Filing of Returns

February 16, 2024 840 Views 0 comment Print

Read about the Bihar High Court’s decision confirming the cancellation of GST registration due to non-filing of returns and the petitioner’s failure to avail of appellate remedies.

Documents conveying right to use software rightly classifiable under CTH 49

February 16, 2024 1131 Views 0 comment Print

Read about CESTAT Bangalore’s ruling confirming separate classification for software licenses and software, allowing the benefit of nil customs duty rate.

Duty-free shop licensee liable to customs duty if violates Customs Act provisions

February 16, 2024 1317 Views 0 comment Print

Learn from CESTAT Bangalore’s ruling that a duty-free shop licensee must pay customs duty when violating Customs Act provisions. Analysis & implications explained.

Reimbursable Expenses Excluded from Taxable Value for Warranty Service: CESTAT Bangalore

February 16, 2024 609 Views 0 comment Print

CESTAT Bangalore rules reimbursable expenses not includable in taxable value for services under warranty, setting precedent for service tax assessments.

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