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Guidelines for setting up of ICDs, CFSs & AFSs-Reg

February 22, 2021 894 Views 0 comment Print

Circular No. 06/2021-Customs Policy and Guidelines for setting up of Inland Container Depots (ICDs), Container Freight Stations (CFSs) and Air Freight Stations (AFSs)-Reg.

Consumer court fines ‘More Megastore’ for charging for carry bags with company logo

February 19, 2021 16014 Views 1 comment Print

Baglekar Akash Kumar Vs More Megastore Retail Limited (District Consumer Disputes Redressal Commission, Hyderabad) Disclosing the price of carry bags at the payment counter seems to be undoubtedly an ‘un-fair trade practice’ Under Section – 2 (1) (r) of the Consumer Protection Act, 1986 {Corresponding Section -2 (47) of the Consumer Protection Act, 2019}. As […]

GST: HC removes bank account attachment subject to maintenance of Balance as on the day of attachment

February 19, 2021 864 Views 1 comment Print

SKF Finvest Advisory Pvt. Ltd. Vs Union of India (Gujarat High Court) We dispose of this writ­ application directing the writ­ applicant that he shall maintain the minimum balance of Rs.22 lac in the bank account in question up to 21st September 2021. On this condition, we permit the writ ­applicant to operate his bank […]

Notification No. 18/2021-Customs (N.T./CAA/DRI), Dated: 19.02.2021

February 19, 2021 1455 Views 0 comment Print

Notification No. 18/2021-Customs (N.T./CAA/DRI), Dated: 19.02.2021 – Appointment of Common Adjudicating Authority MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) (DIRECTORATE OF REVENUE INTELLIGENCE) New Delhi, the 19th February, 2021 Notification No. 18/2021-Customs (N.T./CAA/DRI) S.O.835 (E).—In pursuance of notification No. 60/2015-Customs (N.T.), published vide number G.S.R. 453(E), dated 4th June […]

HC issues notice on rejection of SVLDRS-01 (Coverage of Redemption Fine)

February 19, 2021 363 Views 0 comment Print

M/s Premier Bars Private Limited Vs Union of India (Rajasthan High Court) Learned counsel for the petitioner submitted that the petitioner company applied for settlement of arrears of demand raised in pursuance of order dated 30th March, 2017 and as such, submitted application under the provisions of Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019. Learned […]

Reopening of assessment invalid if based on “change of opinion”

February 18, 2021 1110 Views 0 comment Print

We are of the view that the AO has re-opened the assessment on mere change of opinion, because it is the assessing officer who took a different view at the time of reopening of assessment, i.e., he has entertained an opinion that the family members should have transferred the gold to the assessee firm and then the assessee firm should have held the gold on its own account.

Anti-dumping investigation – Imports of Plastic Processing Machines

February 17, 2021 1272 Views 0 comment Print

(Case No- AD-OI-46/2020) Anti-dumping investigation concerning imports of Plastic Processing Machines originating in or exported from China PR.

HC directs DGFT Surat decide on removal of IEC code from denial entity list

February 16, 2021 2022 Views 0 comment Print

Gujarat HC directs DGFT to address petitioner’s plea on Import Export Code (IEC) denial. Full text of the judgment included.

HC requests Delhi Governor to notify Nomination of member of Advance Ruling Authority 

February 16, 2021 510 Views 0 comment Print

Having regard to the fact that since November, 2020, the Advance Ruling Authority has not been conducting the hearings, we make a request to the Hon’ble Lieutenant Governor to take up the matter on priority basis and process the nomination received from the CBIC at the earliest.

India’s Foreign Trade for January 2021

February 15, 2021 1941 Views 0 comment Print

Indias overall exports (Merchandise and Services combined) in April-January2020-21* are estimated to be USD 396.60Billion, exhibiting a negative growth of (-) 10.63per cent over the same period last year. Overall imports in April-January 2020-21* are estimated to be USD 398.47Billion, exhibiting a negative growth of (-) 22.80per cent over the same period last year.

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