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Circular No. 5/2024: New Guidelines for Income Tax Appeals & Litigation Reduction

March 15, 2024 44979 Views 0 comment Print

Discover the latest Circular from the Ministry of Finance, India, outlining measures to reduce tax litigation by specifying conditions for filing appeals before Tax Appellate Tribunals and Courts.

CBIC notifies Social Welfare Surcharge (SWS) exemption on imported EVs

March 15, 2024 2742 Views 0 comment Print

Get the latest update from the Ministry of Finance regarding Notification No. 20/2024-Customs, dated 15th March 2024. Detailed amendments and implications outlined here.

CBIC notifies concession to imported EVs to to promote EVs manufacturing in India

March 15, 2024 3858 Views 0 comment Print

Explore the latest amendments made by the Ministry of Finance (Department of Revenue) through Notification No. 19/2024-Customs dated 15th March, 2024.

Income Tax Act: Press Trust of India Limited Notification (Section 10(22B))

March 15, 2024 963 Views 0 comment Print

Read about the latest Income Tax Act notification granting tax exemption to The Press Trust of India Limited. Details on eligibility and conditions explained.

CBIC extends ADD on Aluminium Road Wheels imported from China PR

March 15, 2024 3258 Views 0 comment Print

Notification No. 07/2024-Customs extends anti-dumping duty on Aluminium Road Wheels from China PR. Analysis of the impact and implications.

CBIC notifies India’s Customs Cooperation Agreements with Global Partners

March 15, 2024 921 Views 0 comment Print

Ministry of Finance amends Customs Act to include Cooperation and Mutual Administrative Assistance with Armenia. Details of Notification No. 23/2024 provided.

Roasted Areca Nuts falls under Custom Tariff Heading 20081920: CAAR Mumbai

March 15, 2024 2619 Views 0 comment Print

In re NBG International Private Limited (CAAR Mumbai) M/S. NBG International Pvt Ltd (having IEC No. AAICN7426L and hereinafter referred to as ‘the applicant’, in short) filed three applications (CAAR 1) for advance ruling before the Customs Authority for Advance Rulings, Mumbai (CAAR in short). The said applications were received in the secretariat of the […]

DGFT Partners with DHL to enable MSMEs to explore international markets

March 14, 2024 1056 Views 0 comment Print

Read about the collaboration between DGFT and DHL to boost Indian e-commerce exports. Learn how this MoU signing aims to empower MSMEs and enhance global trade.

Classification of Water Sold under GST: AAAR directs AAR for re-examination

March 14, 2024 1107 Views 0 comment Print

Explore the classification dispute of water sold by Mannarai Common Effluent Treatment Plant in Tamilnadu under GST laws. Detailed analysis and legal findings provided.

Violation of Natural Justice: AAAR Refers Matter back to AAR

March 14, 2024 594 Views 0 comment Print

Explore the case of Tamil Nadu Medical Council as AAAR refers the matter back to AAR due to a violation of natural justice. Analysis, implications, and conclusions discussed.

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