Uttar Pradesh AAAR rules on GST classification and rate for S.S. Traders’ vegetable oil-based cream, aligning it under Chapter 1517 at a 5% tax rate.
The appeal by the Commissioner, CGST, Rohtak was dismissed as infructuous due to delay in filing against the AAR ruling on composite supply classification.
Imaging Solutions Pvt Ltd’s GST appeal was rejected by AAAR Haryana due to incomplete payment of the mandated appeal fee, rendering it non-maintainable under GST law.
Rajasthan GST AAAR clarifies that scrap materials are excluded from Margin Scheme and do not qualify as second-hand goods under GST, impacting tax applicability for scrap dealers and recyclers.
GST AAAR Rajasthan clarifies the inclusion of free diesel in GTA services and rules on time limit objections for appeals under the CGST Act.
SEBI issues a circular for standardized periodic reporting formats for Research Analysts and Proxy Advisers, effective immediately. Reports due by April 2025.
SEBI clarifies the advertisement code for Research Analysts, specifying when research reports are considered advertisements, to protect investor interests.
CBDT simplifies compounding procedures under the Income-tax Act, 1961 by reducing charges, removing limits, and easing filing requirements for taxpayers.
The CBI has arrested an Assistant Registrar of Companies in Pune for demanding and accepting a ₹3 lakh bribe from a Mumbai company director.
MCA imposes penalties on Shivsu Canadian Clear Waters Ltd. and SBO for non-submission of Form BEN-1 and BEN-2, as per Section 90 of Companies Act, 2013.
