New GST System features will notify taxpayers of ASP data access via OTP consent and allow viewing/revoking access for enhanced security.
Orissa High Court condones delay in GST registration cancellation revocation for taxpayer willing to clear all dues, prioritizing revenue interest.
Delhi ITAT confirms Delhi Bureau of Text Books’ educational activity, allowing Section 11 exemption despite surplus from subsidized textbook sales, citing consistent rulings.
The CESTAT Delhi ruled that statements recorded under Section 108 of the Customs Act, 1962, are not valid evidence under Section 138B without proper examination.
Allahabad High Court grants interim relief in a Section 73 GST proceeding, staying coercive action for a petitioner disputing ITC availment due to payment issues.
RBI includes NSDL Payments Bank Limited in the Second Schedule of the RBI Act, 1934, granting it scheduled bank status per July 10, 2025 Gazette notification
SEBI’s VCF Settlement Scheme 2025 addresses non-compliant legacy funds. Learn about the scheme’s terms, fees, and implications for India’s private capital markets.
CESTAT Hyderabad rules products like fatty acid, wax, and gums generated during rice bran oil refining are “waste” and qualify for excise duty exemption.
CESTAT Chennai rules against service tax on reimbursements received by Seamax Shipping India Pvt. Ltd. as a “pure agent,” citing Supreme Court precedent.
Madras High Court condones 58-day delay in SAS Hotels’ tax appeal, citing rectification application pendency, directs 5% additional pre-deposit.
