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Archive: April, 2024

Posts in April, 2024

Classification of oil coolers: HC dismisses writ petition & allows filing of Appeal

April 5, 2024 714 Views 0 comment Print

Review the judgment of Modine Thermal Systems Pvt. Ltd. vs. Joint Commissioner from Madras High Court regarding the challenge to an assessment order related to the classification of oil coolers.

GST Registration Cancellation: HC should not exercise jurisdiction for failure to pursue alternate remedies

April 5, 2024 735 Views 0 comment Print

Review the judgment of Nitya Enterprises Hathidah vs. State of Bihar through the Commissioner from Patna High Court regarding the cancellation of registration under the Bihar GST Act.

Failure to Acknowledge Furnished Documents Renders Order Unsustainable: HC remands matter for fresh consideration

April 5, 2024 825 Views 0 comment Print

Explore the judgment of Sri Kumaran Steels vs. Deputy State Tax Officer from Madras High Court, highlighting discrepancies in GST assessment and the remand for reconsideration.

HC dismisses petition against detention order directs Assessee to seek redress from Revenue Authority

April 5, 2024 549 Views 0 comment Print

Read the judgment of Mahant Steel vs. State of Gujarat from Gujarat High Court, addressing detention of goods under GST Act and dismissal of petition for redressal.

HC quashed GST Registration cancellation order for Lack of Specified Non-Compliance Allegations

April 5, 2024 639 Views 0 comment Print

Review the judgment of PAV Warehouse vs. Assistant Commissioner (ST) from Madras High Court regarding the challenge to cancellation of GST registration due to lack of clarity in show cause notice.

Submission of Service Tax & GSTR-3B Returns Invalidates Claim of non-submission of Documentary Evidence

April 5, 2024 903 Views 0 comment Print

Read the detailed analysis of Golden Mandir Retail Pvt. Ltd. Vs Asst. Commissioner (ST) (FAC) judgment from Madras High Court regarding tax discrepancies in textiles & Hyundai Motor Vehicles business.

Extension in import period for Yellow Peas under ITC (HS) Code 07131010

April 5, 2024 906 Views 0 comment Print

Read about the amendment in import policy conditions for Yellow Peas under ITC(HS) Code 07131010 by the Government of India’s Ministry of Commerce & Industry

The IFSCA Banking Handbook Prudential Directions- V 5.0 (PRU)

April 5, 2024 1488 Views 0 comment Print

Explore the prudential rules governing International Banking Units (IBUs) in IFSC, covering capital requirements, risk management policies, and regulatory compliance.

The IFSCA Banking Handbook Conduct of Business Directions- v 6.0 (COB)

April 5, 2024 1527 Views 0 comment Print

International Financial Services Centres Authority The IFSCA Banking Handbook Conduct of Business Directions- v 6.0 (COB) Purpose: The COB directions are aimed at ensuring that IFSC Banking Units (IBUs) meet the minimum standards of conduct expected, particularly with regard to the treatment of their clients, their dealings with counterparties and other market participants. It also […]

The IFSCA Banking Handbook General Directions- V 5.0 (GEN)

April 5, 2024 3105 Views 0 comment Print

Understand the legal framework, regulations, and licensing requirements outlined in the IFSCA Banking Handbook General Directions Version 5.0.

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