After completion of the process, a Resolution Plan was submitted by the Successful Resolution Applicant (SRA). The Committee of Creditors (CoC) approved the plan with the requisite majority under Section 30(4) of the Insolvency and Bankruptcy Code, 2016.
The government has reduced GST on dairy, processed foods, and farm equipment, aiming to support cooperatives, farmers, and rural enterprises while lowering consumer costs.
NCLT Cuttack held that time of filing of CIRP application and not time of admission of application has to be considered for requisite threshold amount u/s. 4 of the Insolvency and Bankruptcy Code, 2016. Hence, GST debit-note and payment done after filing of application cannot be considered.
Assessee’s remedy lied in recovering the amounts wrongly disbursed through the liquidation process, with the liquidator assisting in such recovery. Upon full satisfaction of the 1st Respondent’s dues, the attachment should stand vacated.
Supreme Court held that once exports are genuine and fall within the notified category, inadvertent mistakes of procedure cannot be treated as fatal, especially where they are corrected under statutory authority. Thus, appeal allowed. Accordingly, benefit of MEIS allowed.
The Principal Commissioner was not justified in ignoring the certificate of origin issued by the competent authority in UAE. In the absence of a finding by the competent authority that this is a fake certificate, this certificate would conclusively prove that the imported goods originated from UAE.
Ministry of Mines announces incentive scheme to boost critical minerals recycling, reduce import dependence, and strengthen domestic supply chain.
The 56th GST Council meeting introduces two-slab GST, rationalized rates, and compliance ease, while CBIC highlights integrity in public service.
SEBI’s 2025 amendment to its employee regulations modifies hiring for Executive Directors introducing an IT role and adjusting promotion and recruitment rules.
CESTAT Delhi held that revocation of customs broker license upheld since Customs House Agent [CHA] violated regulation of Customs Broker Licensing Regulations, 2018 as failed to verify importer’s credentials.
