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Foreign Exchange Management (Manner of Receipt and Payment) Regulations, 2023

December 20, 2023 11478 Views 0 comment Print

Explore the latest RBI notification on Foreign Exchange Management Regulations 2023. Understand the impact, definitions, and manner of receipt and payment. Stay informed!

GST Advance ruling application Rejected: failure to fulfill procedural requirements

December 20, 2023 588 Views 0 comment Print

M/s International Traders, engaged in import of dry fruits from Pakistan, sought an advance ruling on applicable tax rate for supply of dry dates. However, their application was rejected by Authority for Advance Ruling (AAR) in Punjab due to non-compliance with prescribed procedures.

GST Advance Ruling application rejected for failure to deposit complete fee 

December 20, 2023 519 Views 0 comment Print

Advance Ruling Authority in Punjab rejected the application submitted by Global Foods due to non-compliance with the prescribed fee requirements.

GST Advance Ruling Application Rejected Due to Partial Fee Payment

December 20, 2023 528 Views 0 comment Print

Advance Ruling Authority in Punjab rejected application submitted by Nidhi Sharma (Zed Enterprises) due to incomplete fee payment. Applicant had only deposited Rs. 5,000 under SGST while filing Advance Ruling Application, falling short of prescribed fee requirement under CGST Act.

Independent Directors’ Appointment Default: MCA imposes Rs. 9.75 Lakh penalty

December 19, 2023 16506 Views 0 comment Print

Explore the adjudication order against KHED DEVELOPERS LIMITED by the Office of the Registrar of Companies, Maharashtra. Penalties imposed for violations under the Companies Act, 2013.

Cabinet Committee Approves 18 Judicial, 22 Accountant Member Appointments for ITAT

December 19, 2023 5697 Views 0 comment Print

ntroduction: The Appointments Committee of the Cabinet, under the Ministry of Personnel, Public Grievances & Pensions, has recently sanctioned the appointment of 18 Judicial Members and 22 Accountant Members for the Income Tax Appellate Tribunal (ITAT). This move, aimed at reinforcing the ITAT with qualified individuals, carries implications for the judicial and financial landscape of […]

Soy Protein Nuggets Classifiable under HSN Code 35040091

December 19, 2023 1191 Views 0 comment Print

CAAR ruled that Supro Nuggets 570 G IP- Soy Protein Nuggets derived from plant source and containing relatively high protein levels, Classifiable under HSN Code 35040091

ODU Controller PCB classifiable under HSN Code 84159000: CAAR

December 19, 2023 1902 Views 0 comment Print

Read the full text of the customs ruling by CAAR Delhi on Blue Star Limited’s application for ODU Controller PCB classification under the Customs Tariff Act. Explore the detailed analysis and conclusion.

YubiKey manufactured by Yubico AB classifiable under HS Code 84718000

December 19, 2023 3114 Views 0 comment Print

CAAR ruled that rule that YubiKey manufactured by Yubico AB, is classifiable under HS Code 8471 8000 of First Schedule to Customs Tariff Act, 1975

Customs Ruling on Charges Inclusion in Assessable Value: United Spirits Limited Case

December 19, 2023 2493 Views 0 comment Print

Explore the detailed order of Customs Authority for Advance Rulings (CAAR) on United Spirits Limited’s proposed import pattern modification, including loading, unloading, and handling charges.

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