Instruction No. 03/2024-GST outlines procedures for CGST audits, emphasizing uniformity and reducing litigation through adherence to established guidelines.
MCA levied penalties under Section 62(3) of the Companies Act, 2013, for a delay in passing a special resolution. The company and directors were fined for the violation.
Registrar of Companies penalizes Paramount Dye Tec Limited for not disclosing trading activity in its MOA, violating Section 4(1)(c) of the Companies Act, 2013.
DGFTs Trade Notice 12/2024-25 introduces bulk upload and API integration for eBRC self-certification, streamlining export processes from August 20, 2024.
The IBBI Disciplinary Committee disposes of SCN against Insolvency Professional Brijendra Kumar Mishra, advising re-examination after the Supreme Court’s decision.
DGFT amends Para 10.06 of Handbook of Procedures 2023 to update delegation of powers for SCOMET authorizations. Learn about the changes in Public Notice No. 17/2024.
New Offshore Areas Mineral (Auction) Rules 2024 by Ministry of Mines outline auction and leasing process for offshore minerals. Effective from August 14, 2024.
SC rules on Special Court jurisdiction; NCLAT redefines financial debt; HC upholds IBBI regulations and addresses various insolvency issues.
Allahabad HC upholds tax and penalty on Anil Rice Mill for wrong ITC claims under GST, emphasizing the burden of proof lies on the purchaser.
Supreme Court overrules India Cement case, ruling that MADA judgment should not be applied retrospectively to avoid disrupting past transactions and tax collections.