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Archive: March, 2024

Posts in March, 2024

Importer cannot be penalized for Incorrect mention of country of origin

March 28, 2024 2352 Views 0 comment Print

Read about Aspam Petronergy Pvt Ltd Vs C.C.-Kandla (CESTAT Ahmedabad) case where mis-declaration of country of origin didn’t impact valuation. Detailed analysis provided.

Customs field formation offices to remain open on 29th-31st March 2024

March 28, 2024 1257 Views 0 comment Print

CBIC announces working days for Customs field formations on 29th, 30th, and 31st March 2024. Details and implications explained.

Allowability of Out of Court Settlement & Legal Expenses: ITAT Directs Re-adjudication

March 28, 2024 1776 Views 0 comment Print

AC Chokshi Share Brokers Pvt Ltd appeals against disallowed legal expenses for out-of-court settlement & defense. ITAT Mumbai orders readjudication. Details here.

Report on developing GIFT IFSC as ‘Global Finance and Accounting Hub’

March 28, 2024 1029 Views 0 comment Print

The Expert Committees report on GIFT IFSC outlines strategies to establish it as a premier global hub for finance and accounting services. Explore recommendations for regulatory frameworks and skill development.

FAQs on Trading Window Closure under PIT Regulations

March 28, 2024 14265 Views 0 comment Print

Find answers to FAQs on Trading Window closure under SEBI (Prohibition of Insider Trading) Regulations, 2015, in the National Stock Exchange Circular.

Sea Cargo Manifest and Transhipment (First Amendment) Regulations, 2024

March 28, 2024 1194 Views 0 comment Print

Stay updated with the latest amendment to the Sea Cargo Manifest and Transhipment Regulations, 2018 by the Central Board of Indirect Taxes and Customs (CBIC)

DGFT Updates Banks for Gold/Silver Imports: Appendix 4B Changes

March 28, 2024 1209 Views 1 comment Print

Stay updated with the latest changes as DGFT revises the list of banks authorized to import gold/silver under Appendix 4B of the Handbook of Procedures, 2023.

Notification No. 01/2024 – Union Territory Tax | Dated: 28th March, 2024

March 28, 2024 1194 Views 0 comment Print

Explore the latest amendment in Union Territory Tax by Ministry of Finance. Detailed analysis of Notification No. 01/2024. Stay updated with the changes.

Tariff Values wef 29/03/2024: Edible Oils, Brass Scrap, Areca Nut, Gold & Silver

March 28, 2024 1128 Views 0 comment Print

Discover the latest amendments in tariff values for various commodities including edible oils, brass scrap, areca nut, gold, and silver set by the Government of India. Stay informed!

Madras HC disposes Petitions Challenging Sections 115WA to 115WL

March 28, 2024 1140 Views 0 comment Print

Read about Salem Textiles Ltd. Vs Union of India. Madras High Court rules on the constitutionality of Income Tax Act provisions 115 WA(2) and 115 WB(2)& (1).

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