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Archive: June, 2024

Posts in June, 2024

Madras HC Sets Conditions for GST Registration Restoration

June 13, 2024 933 Views 0 comment Print

Vinayaga Enterprises challenges GST registration cancellation due to non-filing of GSTR. Madras High Court issues conditions for revocation. Full judgment included.

Revamping GST: New ISD Mechanism under Finance Act, 2024

June 13, 2024 1965 Views 0 comment Print

The Government has notified the Finance Act, 2024 on February 15, 2024, to implement the financial proposals of the Central Government for the fiscal year 2024-2025. This Act introduces significant amendments to the GST Law in India, particularly concerning the Input Service Distributor (ISD) mechanism. These changes align with the recommendations of the GST Council […]

IRDAI Master Circular on Life Insurance Products

June 12, 2024 795 Views 0 comment Print

Read about the latest reforms in the Indian life insurance sector by IRDAI, aimed at simplification, transparency, and informed decisions for policyholders.

Section 10(46) exemption to Kerala Co-operative Deposit Guarantee Fund Board

June 12, 2024 360 Views 0 comment Print

Discover the impact of Notification No. 51/2024-Income Tax by the Ministry of Finance on the Kerala Co-operative Deposit Guarantee Fund Board’s specified income.

Nirmala Sitharaman Takes Office as Finance and Corporate Affairs Minister

June 12, 2024 435 Views 0 comment Print

Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to ‘Ease of Living’ and outlines plans for economic growth.

Telematics Control Unit classifiable under CTH 8517: CAAR Delhi

June 12, 2024 333 Views 0 comment Print

Learn about Denso Haryana Private Limited application for an advance ruling regarding the classification and customs duty exemption for importing Telematics Control Units (TCU). Get insights into CAAR Delhi’s decision.

CAAR Delhi ruling on classification of Inverter Assembly used in motor vehicles

June 12, 2024 264 Views 0 comment Print

Dive into the detailed analysis of the classification and notification applicability on the import of Inverter Assembly by Denso Haryana Private Limited. Explore the full text of the order by Customs Authority of Advance Ruling, Delhi.

Inverter Assembly’ classifiable under CTH 8504: CAAR Delhi

June 12, 2024 300 Views 0 comment Print

Dive into the classification of Inverter Assembly & eligibility for concessional rates of Basic Customs Duty. Detailed analysis of Denso Haryana’s case before CAAR Delhi.

AR Odisha explains GST Implications on Vehicle Rental Services

June 12, 2024 756 Views 0 comment Print

Delve into the GST implications of rental/hiring services on vehicles, as addressed by the Authority for Advance Ruling in Odisha. Explore the rulings insights and implications.

CCI closes case against Karnataka Film Chamber of Commerce

June 12, 2024 288 Views 0 comment Print

The CCI closed the case between Kannada Film Chamber and Karnataka Film Chamber, citing insufficient information. Learn more about the competition ruling.

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