The 53rd GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, produced several key recommendations aimed at easing compliance burdens and refining tax rates under GST. Notably, the Council proposed waiving interest and penalties on demand notices under Section 73 of the CGST Act for fiscal years 2017-18 to 2019-20, provided full tax payment is […]
AGFTC and ITBA urge amendments to reduce penalties under CGST Act, 2017, proposing fairer penalties for genuine errors. Detailed representation to FM Sitharaman.
IBBI updates the progress report format for liquidation processes, seeking comments by July 12, 2024. Learn about the new requirements and how to provide feedback.
DGFT modernizes foreign trade by automating ad-hoc Input Output Norms fixation, enhancing ease of business for exporters. Learn about this pivotal change.
Learn who can file ITR-7, how to file it, required information, and mandatory schedules. Detailed guide for assessees under various sections.
Explore company exit strategies in India: Strike Off under Companies Act, 2013 vs Voluntary Liquidation under IBC, 2016. Understand process, benefits, and applicability for your company’s closure.
Explore real user experiences with Immediate ProAir x2. Understand its science, key features, and impact on users’ lives. Learn how reviews influence purchase decisions and product improvement.
Explore Kerala HC’s landmark judgment emphasizing fair trial rights of accused. Understand why refusal to summon defence witnesses should be rare. #LegalRights #FairTrial #KeralaHC
CCAR Ruling on customs classification of Menthol Scented Sweet Supari and Flavored Illaichi under Customs Tariff Act, 1975, including challenges and implications
Madras High Court quashes GST Appellate Authority’s time bar rejection, directs reconsideration on merits, and permits refund application for appropriated bank funds.
