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GST on Delayed Payment of Interest by purchaser of goods: AAR Rajasthan Ruling

December 22, 2023 549 Views 0 comment Print

In a recent ruling by AAR Rajasthan in case of M/S Pink City Steel Rolling Mills Pvt Ltd., issue of GST applicability on delayed payment of interest was addressed.

Non-filing of Annual Return (Section 92(4) Violation): MCA Imposes Penalty

December 21, 2023 876 Views 0 comment Print

Explore the adjudication order by the Registrar of Companies, Maharashtra, Pune, imposing penalties on Sitaram Maharaj Sakhar Karkhana Limited under Section 92 of the Companies Act, 2013.

Govt Extends Concessional Import Duties on Masur Dal until March 31, 2025

December 21, 2023 633 Views 0 comment Print

Govt extends the existing concessional import duties on Masur Dal up to and inclusive of the 31st March, 2025. The same was earlier extended upto 31st March, 2024 vide notification No. 65/2022-Customs, dated the 29th December, 2022.

Planning for a Dubai Trip with Family – Comprehensive Checklist

December 21, 2023 3417 Views 0 comment Print

Plan an unforgettable family trip to Dubai with this comprehensive checklist. Discover tips on travel insurance, flights, family-friendly lodging, activities, advance ticket purchases, packing for the climate, understanding local culture, public transit options, and staying vigilant against illness and injury. Make the most of your Dubai adventure, creating priceless memories for the entire family

GST on Compensation: Liquidated Damages, Trade Settlements & Contract Breaches

December 21, 2023 3729 Views 0 comment Print

Explore implications of GST on liquidated damages, trade settlements, and contract breaches in light of South India Krishna Oil & Fact Pvt Ltd case.

Health Insurance Porting vs. Buying: Which Is Better for You? 

December 20, 2023 846 Views 0 comment Print

In a world filled with health uncertainties, having a health insurance policy is not just a wise choice; it’s a necessity. The ongoing pandemic has heightened the awareness and penetration of health insurance in India.

Unutilized ITC of Compensation Cess – Retention or Reversal – AAR cannot give ruling

December 19, 2023 4608 Views 0 comment Print

Explore the GST ruling for National Aluminium Company Ltd. on Compensation Cess for unutilized ITC on coal purchases. Learn about the implications and next steps.

Subsuming Fuels Under GST: Government’s Stand and Implications

December 19, 2023 597 Views 0 comment Print

Explore the Lok Sabha Starred Question No. 212 on subsuming fuels like petrol, diesel, natural gas, and ATF under GST. Minister of Finances response and insights on potential revenue impact

Increase in ITR Filings: Insights on Trends, Collection & Government Initiatives

December 19, 2023 507 Views 0 comment Print

Explore Unstarred Question No. 2352 on the surge in Income Tax Return (ITR) filings. Analysis of state-wise data, tax collection trends, and government initiatives to boost participation

ICSI (Management & Development of Company Secretaries in Practice) Guidelines, 2023

December 19, 2023 660 Views 0 comment Print

Explore the newly released ICSI Guidelines 2023, enhancing ease of practice for Company Secretaries. Streamlined procedures for PCS Orientation, Firm Management, Service Areas, Branding, and Fee Determination.

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