The Petitioner is an Indonesian Company, having its manufacturing plants in Indonesia. It manufactures Viscose Staple Fibre (VSF) and had exported Viscose Staple Fibres (VSF) to its customers in India.
Explore the evolution of GST Reverse Charge Mechanism (RCM) provisions since 2017, with practical examples and updated notifications for registered businesses.
Calcutta High Court held that SEBI cannot be forced to hand over documents to the accused. Accordingly, allowing petition u/s. 91 of the Code of Criminal Procedure as preferred by the accused is not sustainable.
India’s banking system has shifted from a liquidity deficit to a significant surplus, prompting concerns about potential inflationary risks and reduced lending profitability, as the RBI seeks new liquidity management strategies.
Learn how Chartered Accountants can build unwavering client trust by providing education, strategic partnerships, clear communication, and proactive wisdom.
Calcutta High Court sets aside GST penalty for non-physical delivery challan, emphasizing no tax evasion intent and digital document availability.
CESTAT Delhi held that it is rightly concluded that the foreign origin cigarettes are smuggled since the assessee failed to produce any documents proving that the cigarettes seized were validly imported. Accordingly, appeal dismissed.
CESTAT Chennai held that interest on Extra Duty Deposit not payable by revenue since lapses were on the part of importer in not submitting complete document enabling revenue to finalize assessment. Accordingly, appeal disposed of.
Explore RBI’s 2025 draft for rupee interest rate derivatives, focusing on non-resident participation, capital account liberalization, and associated legal, regulatory, and fiscal challenges in India.
Orissa High Court rules a reconstituted GSTAT Selection Committee can initiate a de novo process for appointments, absent specific statutory restrictions in the GSTAT Appointment Rules, 2023.
