CBIC Circular 16/2025 details Anti-Dumping Duty on Titanium Dioxide from China PR, excluding specific end uses. Introduces electronic declaration for excluded imports.
Bombay High Court dismisses Revenue’s appeal in Refrigerated Distributors case, ruling no substantial law question arose on profit estimate for bogus purchases.
Understand GST rules for selling capital goods where ITC was claimed. Liability is higher of GST on sale price or pro-rata ITC for remaining life, reported in GSTR-1.
Learn the difference between pre-money and post-money startup valuation, crucial for fundraising, and explore common methods like DCF and Comparable Transactions.
The GST E-Way Bill system requires electronic documentation for goods movement exceeding ₹50,000, detailing rules for generation, validity, and exemptions to ensure compliance.
High Court sets aside GST refund recovery order against Export Oriented Unit, citing failure to follow mandatory procedure under Sections 73/74 of CGST Act.
Learn about the GST Reverse Charge Mechanism (RCM) applicable to renting passenger vehicles from non-body corporate suppliers to body corporate recipients under specific conditions.
LLP annual return Form 11 must be filed by May 30. Discover requirements, filing process, and consequences for all LLPs, active or not.
Indian residents can claim credit for taxes paid on overseas income to avoid double taxation under Income Tax Act sections 90, 90A, or 91.
