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Customs Order: Linear Alkyl Benzene Value Declaration Rules

September 18, 2023 1344 Views 0 comment Print

Get insights into the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules for Linear Alkyl Benzene. Effective from 26th September 2023.

Revisionary jurisdiction not available to PCIT when issues in question examined by AO

September 17, 2023 1923 Views 0 comment Print

Explore the case of Raj Kumar Karanwal vs. PCIT (ITAT Delhi) and learn why exercise of revisionary jurisdiction by PCIT may not always be valid when issues have been examined by AO. Dive into the details of the case, the assessment process, and implications for taxpayers.

ICMAI Releases Exposure Draft on Capacity Determination (Revised)

September 17, 2023 891 Views 0 comment Print

ICMAI has published an Exposure Draft on revised Cost Accounting Standard (CAS-2) for Capacity Determination. Learn about changes and how it impacts cost statements.

ED Busts Money Laundering Network Linked to Mahadev APP

September 17, 2023 1761 Views 0 comment Print

ED’s crackdown on Mahadev APP money laundering network reveals staggering assets worth Rs 417 Crore. Learn about investigations and findings.

CBI Arrests Inspector for Bribery at Mundra Port

September 17, 2023 2241 Views 0 comment Print

Introduction: On September 15, 2023, the Central Bureau of Investigation (CBI) made significant arrests in a bribery case involving a former Inspector and Dock Examiner at Mundra Port, Gujarat, who currently holds the position of Superintendent of Customs in Jamnagar. Additionally, a private individual was apprehended for facilitating the corrupt transaction. Detailed Analysis: The case […]

Service Tax Not Leviable on Year-End Media volume Discounts: CESTAT

September 16, 2023 708 Views 0 comment Print

An in-depth look at the CESTAT Mumbai ruling in the case of Commissioner of Service Tax-VI Vs Group M Media (I) Pvt. Ltd. concerning service tax on media volume discounts.

HC Quashes Order Cancelling GST Registration Beyond Notice Scope

September 15, 2023 699 Views 0 comment Print

Bombay High Court has quashed cancellation of GST registration in case of Ramji Enterprises & Ors. Learn more about judgment and its implications.

Madras HC Directs Delay Condoning and Merit Hearing in GST Appeal

September 15, 2023 1305 Views 0 comment Print

Madras High Court directed department to condone delay in filing a GST appeal and instructed them to dispose of petitioner’s appeal on merits. Learn more.

Patna High Court Upholds Delayed GST Appeal Rejection

September 15, 2023 1095 Views 0 comment Print

Read the Patna High Court judgment on Ajay Kumar’s VAT appeal against BGST Act, citing delay and alternate remedies

Amendment to Customs Notification No. 19/2019-Customs – Sep 2023

September 15, 2023 2205 Views 0 comment Print

CBIC amends Customs Notification No. 19/2019-Customs to include parts, machinery, and documentation for AK-203 rifle manufacturing.

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