A medical insurance policy for a family wards off unexpected expenses in an individual’s health and provides great tax benefits. The deductions will help save more while having broader coverage under it.
Calcutta HC clarifies that penalty under GST Section 129 can’t be imposed solely for non-disclosure of full supplier details in e-way bills.
CESTAT Ahmedabad rules against dual custodianship on goods under Customs Act. Penalty set aside due to improper licensing and insurance issues. Key details here.
GSTN has introduced a biometric-based Aadhaar authentication process for GST registration applicants in Tamil Nadu and Himachal Pradesh, effective January 28, 2025. As per the amended Rule 8 of the CGST Rules, 2017, applicants are identified using data analysis and risk parameters. The process involves either OTP-based Aadhaar authentication or a visit to a GST […]
Circular clarifies GST on penal charges, exemptions for Payment Aggregators, research services, skilling programs, and electricity utility services as per 55th GST Council.
Clarification on GST for co-insurance and reinsurance transactions issued, regularizing GST payments from 01.07.2017 to 31.10.2024 based on GST Council’s 53rd meeting.
Orissa HC directs RTO to release seized vehicle upon payment of outstanding motor vehicle tax, 50% fine, and show cause compliance. Details of the ruling here.
Orissa HC quashes GST summary assessment order for non-application of mind, issued at the last minute of extended time. Fresh hearing opportunity allowed.
NCLAT Delhi has upheld the decision of adjudicating authority (NCLT, Jaipur) who uphold decision of adjudicating authority (NCLT, Jaipur).
ITAT Chandigarh condones a 228-day delay in Joginder Singh’s appeal and remands the unexplained cash credit case for reassessment by the Assessing Officer.