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SC directs Bombay HC to hear issue of short tenure of 2 years for Members of Sales Tax Tribunal

January 22, 2021 1011 Views 1 comment Print

Supreme Court has directed that the Tax Bar Association v State of Maharashtra pending in the Bombay High Court which challenges the very short tenure of 2 years for Members of Sales Tax Tribunal should be heard finally on 22.2.2021. This is in view of desperate situation of vacancies in the Tribunal.

MCA notifies amendment to Companies Act, 2013 wef 22.01.2021

January 22, 2021 13197 Views 0 comment Print

Central Government hereby appoints the 22nd day of January, 2021 as the date on which the following provisions of the said Act shall come into force, namely:-

HC Quashes order passed under GST in violation of principles of natural justice

January 21, 2021 2019 Views 0 comment Print

Pinax Steel Industries Pvt. Ltd. Vs State of Bihar (Patna High Court) Having heard learned counsel for the parties, as also perused the record, we are in agreement with Sri Gautam Kejriwal, learned counsel for the petitioner, that the principles of natural justice, in passing the order stands violated. Also, we are of the view […]

Anti-dumping investigation concerning imports of Aniline from China

January 20, 2021 960 Views 0 comment Print

Case No. ADD(OI) 33/2019 Final Findings in the Anti-dumping investigation concerning imports of Aniline from China PR.

Arbitrator appointment- Section 12(5) read with Seventh Schedule is mandatory 

January 20, 2021 7512 Views 0 comment Print

Haryana Space Application Centre (Harsac) & Anr Vs Pan India Consultants Pvt. Ltd (Supreme Court of India) We are of the view that the appointment of the Principal Secretary, Government of Haryana as the nominee arbitrator of HARSAC which is a Nodal Agency of the Government of Haryana, would be invalid under Section 12(5) of […]

Launch of Regulatory Compliance Portal to minimize Regulatory Compliance

January 20, 2021 1191 Views 0 comment Print

India’s commitment to reforms is evident from the width and scale of reforms undertaken at pan- India level since 2014 under the visionary leadership of Hon. Prime Minister. This is reflected in the meteoric rise of India’s rank in World Bank’s Ease of Doing Business Report from 142nd in 2014 to 63rd in 2019.

Anti-Dumping investigation on imports of Newsprint in rolls or sheets

January 19, 2021 3270 Views 0 comment Print

Anti-Dumping investigation concerning imports of Newsprint in rolls or sheets, excluding glazed newsprint originating in or exported from Australia, Canada, European Union, Hong Kong, Russia, Singapore and United Arab Emirates.

Disallowance of helicopter expense of Kingfisher : ITAT restores issue to AO

January 19, 2021 408 Views 0 comment Print

JCIT (OSD) Vs Kingfisher Airlines Limited (ITAT Bangalore) The first issue is related to disallowance of helicopter expenses. We notice that the A.O. was constrained to make adhoc disallowance since the assessee has failed to furnish details called for by the A.O. We also notice that the assessee did not appear before Ld. CIT(A) also. […]

Reg. export of Diagnostic Kits & their components/laboratory reagents

January 19, 2021 825 Views 0 comment Print

Procedure and Criteria for submission and approval of applications for export of Diagnostic Kits and their components/laboratory reagents. Reference is invited to DGFT Notification No. 09 dated 10.06.2020 restricting the export of Diagnostic Kits/Laboratory Reagents/Diagnostic Apparatus.

Release Seized Gold on Concessional Duty payment: CESTAT

January 19, 2021 4053 Views 0 comment Print

Asalam Khan Vs Commissioner of Central Excise & Customs (CESTAT Delhi) Appellant had brought a small quantity of 233.00 gms. of gold in the shape of 20 disc (about 11.66 gm. per disc) for personal use. Further, I find that there is no commercial quantity either of gold or cigarettes. Further I find that the […]

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