The DGFT has mandated that meat exporters must contribute to the Meat Export Development Fund (MEDF) for all shipments starting Oct 29, 2025. Compliance is required to avoid penalties.
Allahabad HC rules that Section 74 cannot be invoked for mere procedural errors. Penalties require fraud, willful misstatement, or deliberate suppression of facts.
Understand why ITR refunds are delayed, how processing works at CPC, and steps taxpayers can take to track status, verify accounts, and ensure smooth credit.
Kerala High Court held that printing photographs from digital media is covered under classification SAC 998396 and hence it is taxable under 18% GST. Accordingly, writ petition is dismissed.
NCLT Ahmedabad held that application under section 7 of the Insolvency and Bankruptcy Code for initiation of Corporate Insolvency Resolution Process [CIRP] against Sumarrow Impex LLP (Corporate Debtor) admitted as financial debt and default stands proved.
The company and directors were penalized under Sections 42(8), 450 & 454 of the Companies Act for incomplete securities allotment records, highlighting personal liability and the need for timely statutory filings.
CAAR Mumbai has ruled in the matter of Godrej & Boyce Manufacturing Company Limited, classifying the imported ‘Forklift Drive Train’ under CTI 8431 20 10. The authority held that the custom-designed assembly is an essential part of a forklift, suitable for sole and principal use with CTH 8427 machinery.
ITAT Jabalpur held that disallowance under section 43B of the Income Tax Act on account of non-payment of Rural Infrastructure tax and dead rent needs verification. Accordingly, matter restored to the file of AO.
ICAI writes to CBIC requesting a one-week extension for the September 2025 GSTR-3B due date, citing the Diwali festival period and recent GST rate revision system updates.
ROC Goa levied maximum penalties totaling ₹4,00,000 on Indu Packaging (Daman) Limited and its three directors for repeatedly failing to print the CIN on company documents.
