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Madras HC Directs Delay Condoning and Merit Hearing in GST Appeal

September 15, 2023 1656 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 1287 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 3801 Views 0 comment Print

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

CBIC Reduces Excise Duty on Diesel Exports wef 16th September 2023

September 15, 2023 1122 Views 0 comment Print

CBIC, Ministry of Finance, lowers special additional excise duty on diesel exports to Rs. 5.50 per litre, effective from September 16, 2023.

CBIC Amends Excise Duty on Petroleum Crude & ATF wef 16th September, 2023

September 15, 2023 1053 Views 0 comment Print

CBIC, Ministry of Finance, amends excise duty rates on petroleum crude production and ATF exports, effective from September 16, 2023.

GST on Sub-Licensing Software, Market Support Fees & Taxable Value Calculation

September 14, 2023 1350 Views 0 comment Print

Understand GST implications on sub-licensing software, market support fees, and taxable value for operating fees paid to a Central Hub by AVEVA Software Pvt Ltd in Tamil Nadu.

NCLAT Chennai: Malavika Hegde vs. IndusInd Bank – Settlement Terminates CIRP

September 14, 2023 1425 Views 0 comment Print

Read full text of NCLAT Chennai order in case of Malavika Hegde vs. IndusInd Bank, where a settlement led to termination of CIRP proceedings.

CBIC Norms for Cost Recovery Charges Exemption at AFS

September 14, 2023 3633 Views 0 comment Print

CBIC issues norms for posting officers and performance criteria for granting exemption from Cost Recovery Charges (CRC) at Air Freight Stations (AFS).

RBI Announces List of NBFCs in Upper Layer for 2023-24

September 14, 2023 40497 Views 0 comment Print

RBI has released list of NBFCs in Upper Layer under Scale Based Regulation for NBFCs for 2023-24. Learn more about classification and regulatory framework.

CAAR Ruling: Applicability of Duty Rates for X-Ray Tube & Spare Parts

September 14, 2023 3090 Views 0 comment Print

Read the Customs Authority’s ruling on the duty rates for X-Ray tubes and spare parts, their classification, and the impact on medical equipment imports.

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