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Archive: 13 October 2024

Posts in 13 October 2024

जीएसटी एक्ट में जारी अधिसूचना की समीक्षा: नवीनतम बदलाव

October 13, 2024 1542 Views 0 comment Print

8 अक्टूबर 2024 को जीएसटी अधिनियम के तहत नई अधिसूचनाएं जारी की गई हैं। जानें प्रमुख बदलाव और करदाताओं को मिलने वाली राहत के बारे में।

Valuation Ruling for Arista Networks’ Service Spare Parts

October 13, 2024 864 Views 0 comment Print

Arista Networks seeks a Customs advance ruling on the valuation of service spare parts exported to India, addressing the absence of a transaction value.

Beneficial Ownership Disclosure Requirements for Companies

October 13, 2024 7182 Views 0 comment Print

Effective October 27, 2023, companies must designate a person for beneficial ownership disclosure under updated MCA rules. Compliance process outlined.

Time of Supply for HAM Contract: Invoice or Payment Date, Madras HC

October 13, 2024 1302 Views 0 comment Print

Madras High Court clarifies that tax liability under HAM contracts arises on invoice issuance or payment receipt, not upon project completion.

Motor Vehicle Parts Classified Under HSN 8708, Attracting 28% GST: AAAR Andhra Pradesh

October 13, 2024 6990 Views 0 comment Print

AAAR confirms that motor vehicle parts are classified under HSN 8708, attracting a GST of 28%, ensuring clarity on car seat cover taxation.

Why Income Tax Notices for Additional Tax on Capital Gains?

October 13, 2024 6426 Views 2 comments Print

Taxpayers receiving income tax notices for additional tax on capital gains due to changes in Section 87A interpretation, affecting STCG and LTCG exemption.

Key Amendments to Capital Gains in Budget 2024-25

October 13, 2024 14127 Views 0 comment Print

Explore key amendments under capital gains in the 2024-25 budget, including changes to buyback tax, indexation removal, and capital asset transfer exemptions.

DGFT Amends Import Policy for Lighter Parts Under HS 96139000

October 13, 2024 2400 Views 0 comment Print

DGFT restricts import of parts for gas-fueled pocket lighters, non-refillable or refillable, under HS code 96139000. Notification effective immediately.

Delhi HC Criticizes Frivolous Appeal Against Acquittal in Rape Case

October 13, 2024 576 Views 0 comment Print

Delhi HC rebukes state for filing a frivolous appeal challenging acquittal in an attempt-to-rape case, highlighting misuse of judicial resources and time.

Advisory for Taxpayers: New GST Provision for Metal Scrap Transactions

October 13, 2024 4644 Views 0 comment Print

Notification 25/2024 mandates compliance for businesses dealing with metal scrap under GST. GST portal update will enable registration via FORM GST REG-07.

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