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Archive: 13 May 2025

Posts in 13 May 2025

CAAR Ruling on Classification of Iron Planter Basket & Coir Liner

May 13, 2025 354 Views 0 comment Print

CAAR Mumbai rules on customs classification for iron planter baskets with coir liners and standalone coir liners for export by N.C. John & Sons Pvt. Ltd.

Steel Timber falls Under Heading 7308 for Shuttering & Construction Equipment: CAAR

May 13, 2025 615 Views 0 comment Print

CAAR Mumbai determines customs classification for ‘Timber Steel,’ a composite product used for concrete formwork, applying essential character rule.

CAAR Ruling on Classification & Notification Benefit for Parts of Interactive Flat Panel Display

May 13, 2025 2274 Views 0 comment Print

Indian manufacturer seeks customs advance ruling on classification and import duty exemptions for components used in making Interactive Flat Panel Displays.

Disallowance of ITC Due to Supplier’s GST Registration Cancellation Remitted Back

May 13, 2025 1362 Views 0 comment Print

Delhi High Court held that demand on account of ITC availed from supplier whose GST registration has been cancelled retrospectively is remitted back for fresh adjudication since co-ordinate bench has set aside retrospective cancellation of supplier’s registration.

Converting Crypto to INR Safely: Common Mistakes to Avoid and How to Get It Right

May 13, 2025 936 Views 0 comment Print

At first glance, converting crypto to INR may appear daunting and complicated, especially for beginners, who are taking their first steps into the world of digital asset withdrawal. If the process is handled without care, the consequences can be devastating and lead to significant financial loss, high fees, or even security breaches and data leakage.

Dematerialization of Shares: A Step-by-Step Guide for Companies & Shareholders

May 13, 2025 8547 Views 0 comment Print

Understand the complete process of share dematerialization in India for companies and shareholders, including regulatory requirements, steps, and key considerations.

Common mistakes frequently observed in Financial Statements for Corporate entities

May 13, 2025 1545 Views 0 comment Print

Discover frequent errors in corporate financial statements, including misclassifications, incorrect depreciation, revenue recognition issues, and disclosure failures. Learn to ensure accurate reporting.

Key Definitions under Companies Act, 2013

May 13, 2025 2907 Views 0 comment Print

Understand key Companies Act definitions including books of account, charge, control, debenture, financial statements, related parties, and more.

Sweat Equity in India: A Guide to Issuance Process, Rules & Benefits

May 13, 2025 6057 Views 0 comment Print

Learn about Sweat Equity Shares in India: who is eligible, the issuance process, regulatory conditions, lock-in periods, and the advantages for companies and employees.

Can You Issue a GST Credit Note for Returned Export Goods After Claiming IGST Refund?

May 13, 2025 8274 Views 1 comment Print

Understand why you cannot issue a GST credit note for returned exports after claiming IGST refund. Learn the compliant procedure for handling such returns.

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