Sponsored
    Follow Us:

Appointment of CAA in respect of SCNs issued to M/s A.K. Construction Co.

May 4, 2023 561 Views 0 comment Print

Appointment of Common Adjudicating Authority (CAA) in respect of SCNs issued to M/s A.K. Construction Co. vide Order No. 07 /2023-Service Tax Dated: 4th May, 2023. CBIC-240137/3/2023-SERVICE TAX SECTION-CBEC F.No. CBIC-240137/3/2023-SERVICE TAX SECTION-CBEC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs CX & ST Wing, New Delhi […]

Whether interest on Cenvat credit wrongly availed but not utilized is payable?

May 4, 2023 642 Views 0 comment Print

Deep Industries Limited Vs C.S.T. Service Tax (CESTAT Ahmedabad) The limited question needs to be answered in this matter is whether interest on the amount of Cenvat credit availed but not utilized is recoverable or otherwise. The recovery of interest on the inadmissible Cenvat credit has been directed under Rule14 of the Cenvat Credit Rules, […]

Service Tax Liability of Sub-Contractor not cease on tax payment by main contractor

May 4, 2023 993 Views 0 comment Print

CESTAT held that Service Tax liability of a sub-contractor would never cease, even when the main contractor remits Service Tax.

Auditors cannot escape being probed if they resign; Section 140(5) of Companies Act constitutional: SC

May 4, 2023 18588 Views 0 comment Print

Challenge to constitutional validity of section 140(5) of Companies Act, 2013 fails and it is observed and held that section 140(5) is neither discriminatory, arbitrary and/or violative of Articles 14, 19(1)(g) of Constitution of India

1.16% increased contribution from employer’s share into Pension Fund

May 3, 2023 2085 Views 1 comment Print

Increased contribution shall he applicable to basic wages, dearness allowance and retaining allowance to the extent such basic wages, dearness allowance and retaining allowance exceed fifteen thousand rupees per month.

HC directed Revenue to examine aspect of limitation afresh in light of SC decision

May 3, 2023 3300 Views 0 comment Print

44 EMB Studio Private Limited Vs Union of India (Bombay High Court) Counsel for the Petitioner submitted that though it is correct that for part of the claim which has been rejected refund was sought after a period of two years, however, the period was extended by the orders passed by the Hon’ble Supreme Court […]

Acceptance of Electronic Certificate of Origin issued under India-Sri Lanka FTA

May 3, 2023 1935 Views 0 comment Print

It is hereby clarified that an electronic certificate of origin or e-CoO, issued by the Issuing Authority of Sri Lanka, is a valid document for the purpose of claiming preferential benefit under the India-Sri Lanka FTA subject to it having been issued in the prescribed format, bearing seal and signatures of the authorized signatory of the Issuing Authority

IBBI penalises IP for conducting auction in hasty and improper manner 

May 2, 2023 795 Views 0 comment Print

DC finds that Mr. Vedagiri Venkata Krishnamurthy has conducted the second and third auctions in improper manner by fixing the same date for deposit of EMD by any prospective bidder and the date of publication of auction notice date, and giving only two days for second auction and three days for third auction to participate […]

Draft Guidelines on Remuneration of Non-Executive Directors & KMPs of Private Sector Insurers

May 2, 2023 1077 Views 0 comment Print

Guidelines on Remuneration of Non-Executive Directors and Key Managerial Persons of Private Sector Insurers give more clarity to the extent of variable pay with respect to the total remuneration of Directors and KMPs, Variable Pay Deferral, Malus and Clawback provisions, Accounting, Disclosures, etc. and

Time barring of Scrutiny of GST Returns of Delhi taxpayers

May 2, 2023 6387 Views 0 comment Print

The whole process of scrutiny of return u/s 61 and rule 99 of DGST Act takes around 5 to 6 months, hence, all Ward Incharges/Proper Officers are hereby advised to ensure timely issuance of order u/s 73(9) for the scrutiny of returns for periods as mentioned in the CBIC vide Notification No. 9/2023 Central Tax dated 31.03.2023.

Sponsored
Sponsored
Search Post by Date
August 2024
M T W T F S S
 1234
567891011
12131415161718
19202122232425
262728293031