Kerala High Court held that for contravention of the provisions of the GST Act, department can take civil and/ or criminal action against the accused, however, suspension of GST registration directly hits the fundamental right and hence unjustified.
Customs clarification on the classification of Clear Float Glass with a tin layer, under CTH 7005, effective 14th Nov 2024.
Learn how CRS and FATCA enhance tax transparency, requiring foreign asset disclosure in India. Avoid penalties with complete, accurate income reporting.
Karnataka High Court held that blocking of Electronic Credit Ledger by invoking Rule 86A of the CGST Rules merely on the basis of report of enforcement authority, without independent or cogent reasons, impermissible in law.
ICAI BoS offers virtual prep sessions, Series I and II, for CA Intermediate students. Starts 29th Nov 2024. Boosts subject insights and exam techniques.
ICAI BoS Mock Test Series for CA Intermediate begins 18 Nov 2024. Available in physical and virtual modes to aid Jan 2025 exam preparation.
NCLAT Delhi held that section 33 of Insolvency and Bankruptcy Code, 2016 (IBC) empowers the CoC to decide to liquidate the Corporate Debtor any time before the confirmation of the resolution plan by the Adjudicating Authority.
Tamil Nadu AAR disposes ZF Commercial Vehicle Control Systems India Limited’s GST Advance Ruling application as withdrawn.
ITAT Ahmedabad held that CIT(A) erred in upholding addition made by AO without considering the additional evidence. Such failure to admit and evaluate the additional evidence constitutes a violation of natural justice. Thus, matter remanded back for fresh adjudication.
Clarification sought by IDYA for HSN code and GST rate on antioxidant water. Advance ruling issued by Tamil Nadu AAR on classification and tax rate.
