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Archive: 07 March 2024

Posts in 07 March 2024

Delhi HC Sets Aside Arbitral Award for palpable perversity & inherent contradictions

March 7, 2024 690 Views 0 comment Print

Read the detailed analysis of the Delhi High Court’s decision to set aside an arbitral award in the case of Morgan Securities & Credits Pvt Ltd. vs Samtel Display Systems Ltd. Learn about the contradictory findings and legal implications.

CESTAT quashes Penalty on time barred excise duty demand

March 7, 2024 330 Views 0 comment Print

Learn about Lyka Labs Limited Vs Commissioner of Central Excise & ST case. CESTAT Ahmedabad ruled no penalty under Excise Act when CENVAT credit paid for exempted goods.

Delhi HC reinstates GST registration, citing lack of grounds for retrospective cancellation

March 7, 2024 549 Views 0 comment Print

Delhi High Court reinstates Gaurav Bansal’s GST registration retroactively, citing lack of grounds for retrospective cancellation. Details of the judgment provided.

Extension of Due Date for Filing Form No. 26QE for F.Y. 2022-23 retrospectively

March 7, 2024 1437 Views 0 comment Print

Get details on Circular No. 04/2024 by CBTD. Ex-post facto extension for Form No. 26QE due date till 30.05.2023. Waiver of fees and interest. Learn more.

Customs Instruction 04/2024: Designation for Import of Frozen Duck Meat

March 7, 2024 387 Views 0 comment Print

Explore Customs Instruction No 04/2024 on the designation for commercial import of premium frozen duck meat into India. Get insights on the latest regulations and certifications.

Customs Exchange Rates effective from 8th March, 2024

March 7, 2024 11118 Views 0 comment Print

Importing & Exporting? Stay informed! Get the latest Indian customs exchange rates (effective March 8th, 2024) for 20 currencies including USD, EUR, AUD, and more. This affects duty calculations for imported & exported goods.

No TDS on Payments to Units of IFSC – CBDT Notifies

March 7, 2024 5553 Views 0 comment Print

Get details on new Income Tax Notification exempting specific payments to International Financial Services Centre (IFSC) Units from TDS deductions. This applies for 10 consecutive assessment years starting April 2024.

Advance Authorisation/DFIA: Import of Menthol under Specific ITC(HS) Codes

March 7, 2024 486 Views 0 comment Print

Stay updated on the latest DGFT regulation regarding the import of menthol covered under specific ITC(HS) codes. Learn about the suspension and its implications.

Provisions for Importing QCO-Subjected Inputs by Advance Authorisation Holders & EOUs

March 7, 2024 1899 Views 0 comment Print

DGFT introduces amendments for Advance Authorisation holders and EOUs, exempting certain imports from mandatory Quality Control Orders from FY 2024-25.

DGFT Notification: Import Provisions for QCO-exempted Inputs

March 7, 2024 2244 Views 0 comment Print

Explore the latest DGFT notification enabling import of inputs exempted from Quality Control Orders (QCOs) for Advance Authorisation holders and EOU. Learn more.

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