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Archive: February, 2025

Posts in February, 2025

Common ownership or directors not always anti-competitive practice: CCI

February 6, 2025 156 Views 0 comment Print

CCI examines bid-rigging allegations against Gokul Agro Resources Ltd. and Gokul Agri International Ltd. in APO’s edible oil procurement process.

CCI Dismisses Bid Rigging Allegations Against HP India Sales Pvt. Ltd.

February 6, 2025 363 Views 0 comment Print

CCI dismisses allegations of bid rigging in GMDA and FMDA tenders against HP India and others, citing lack of evidence under Section 3 of the Competition Act.

CAAR Ruling on Fatty Alcohol Ethoxylates Classification

February 6, 2025 90 Views 0 comment Print

The Customs Authority for Advance Rulings, Mumbai, classifies Fatty Alcohol Ethoxylates under CTI 3402 4200, addressing tariff and exemption queries.

MCA-21 Portal Glitches and Government’s Response

February 6, 2025 297 Views 0 comment Print

The Government acknowledges MCA-21 glitches, highlights improvements, ensures data security, and implements new features for better corporate filing processes.

GST on Insurance Premium: Status of GoM Recommendations

February 6, 2025 339 Views 0 comment Print

The GST Council has deferred decisions on insurance premium taxation, granting more time to the GoM to finalize its recommendations on the issue.

GST Exemptions for Tirumala Tirupati Devasthanam

February 6, 2025 273 Views 0 comment Print

Tirumala Tirupati Devasthanam gets GST exemptions on religious services, but GST of ₹36.28 crore was paid in 2024-25. Details of exemptions and payments inside.

GST on NBEMS Fees: Refund Process and Court Order

February 6, 2025 150 Views 0 comment Print

NBEMS stopped collecting GST on course fees per court order. Refund processing has begun, but no enquiry has been instituted. Details of GST collection inside.

Government Simplifies Unclaimed Dividend Reporting Process

February 6, 2025 204 Views 0 comment Print

The Indian government has reduced reporting forms for companies on unclaimed dividends and integrated fund transfers with Bharatkosh for a smoother investor claim process.

Government’s Stance on IBC and Tax Revenue Impact

February 6, 2025 45 Views 0 comment Print

The Indian government has not assessed the IBC’s impact on tax revenue loss and has no plans to amend tax priorities under insolvency proceedings.

FEMA Regulations Amended for Forex Violation Settlement

February 6, 2025 126 Views 0 comment Print

New FEMA rules allow settlement of foreign exchange violations with penalties up to ₹5 crore. Pending cases will follow earlier regulations. Details inside.

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