Crimp pumps imported were classifiable under positive displacement pumps (CTI 8413 5010 / 8413 5090) and not as mounts and heads for toilet sprays under CTI 9616 1020 as claimed by the Customs authorities.
Overview of India’s MSME Act, 2006: classification, registration, payment terms, loan access, dispute resolution, and MCA compliance for delayed payments.
Punjab and Haryana High Court rejects Sapphire Foods’ petition, stating company misinterpreted tax orders and must face DGGI probe on TRAN-1.
Madras High Court sets aside GST assessment order for Ramesh Agency, citing parallel proceedings and directing tax authorities to conduct fresh adjudication.
ITAT Kolkata allows Vivekananda Mission Asram’s appeal, directing reconsideration of 80G registration despite a technical application error and perceived delay.
Overview of ICAI’s guidance note on preparing financial statements for non-corporate entities, including applicability of AS and standardized formats.
Overview of GST Section 17(5): Details on blocked Input Tax Credit (ITC) for vehicles, services, construction, personal use, and other restrictions.
ITAT Cochin rules that completing assessment under section 143(3) negates 272A(1)(d) penalty, citing acceptance of later compliance.
The e-way bill (EWB) mechanism is a pivotal element in the GST regime, designed to track the movement of goods and curb tax evasion. While it has simplified inter- and intra-state transport documentation, non-compliance—intentional or inadvertent—can attract hefty penalties, including up to 200% of tax payable under Section 129 of the CGST Act, 2017. Based […]
ITAT Kolkata permits a new deduction claim and grants relief, highlighting assessment duties and appellate powers under income tax law.
