In re Neogen Food and Animal Security (India) Private Ltd. (GST AAR Kerala) Reagents referred to in Heading 3822 of the Customs Tariff includes both diagnostic and laboratory reagents. The Tariff Heading 3002 pertains to human blood; animal blood prepared for therapeutic, prophylactic or diagnostic uses; antisera, other blood fractions and immunological products, whether or […]
In re South Indian Federation of Fishermen Societies (GST AAR Kerala) 1. Applicability of GST rate of 5% on marine engines of heading 8407 and its spare parts without considering its general tax rate as per the entry of Schedule I, SI.No.252 of GST Act dtd.28-06-2017, being the part of fishing vessel of heading 8902. […]
Supreme Court Upholds Provisions of Insolvency And Bankruptcy Code on Insolvency of Personal Guarantors The Supreme Court in Lalit Kumar Jain vs UOI & Ors (Judgement) has upheld the validity of the notification dated November 15, 2019 (Notification). The Notification had brought into force certain provisions along with the rules under the Insolvency and Bankruptcy […]
Parle Agro Pvt. Ltd. Vs Commissioner (CESTAT Allahabad) 1. Excise Appeal 70628 of 2019 has been filed by M/s. Parle Agro Pvt Ltd1 to modify the order dated 28.05.2019 passed by the Commissioner, CGST(Appeals), Noida2, to the extent that interest should be granted @12% instead of @6%, as ordered by the Commissioner (Appeals). This order […]
In Rule 86A, 4 scenarios has been mentioned for blocking of ITC. Out of the 4 scenarios, more importance has to be given for situation (a) and (c). It should be ensured that no input tax credit is availed on the strength of tax invoices or debit notes or any other documents prescribed under rule 36 issued by a registered person who has been found non- existent or not conducting any business from the place for which registration has been obtained or without receipt of goods or services or both.
Ganpati Zilla Krishi Audyogik Sar Seva Sahakari Society Ltd. Vs ITO (ITAT Pune) The contention of Ld. AR that a Review petition has been filed before the Hon’ble Supreme Court against the judgment in the case of CIT Vs Tasgaon SSK Ltd. (2019) 412 ITR 420 (SC) which is still pending and hence the decision […]
In re Dubai Chamber of Commerce And Industry (GST AAR Maharashtra) In this case, the applicant connects businesses in India with business partners in Dubai. In other words applicant is providing services, to various business in India and Dubai and in view of the fact that the applicant is receiving consideration from its Head Office […]
Guidance on COVID-19 Vaccination at Work Places (Private)/Housing Societies 1. Background: a. Gov. of India has launched the COVID-19 vaccination program from 16.01.2021 and from 01.05.2021; it has been extended for the age group of 18 years and above. b. A substantial proportion of population aged between 45-59 years (in some cases upto 65 years) […]
While appreciating the Govt for taking concrete steps to ensure availability of Remedesivir earlier & now AmphotericinB for treatment of Black Fungus, we also urge Shri Mansukh Mandaviya to negotiate with pharma companies to bring down the cost of the drug as it’s too expensive. Confederation of All India Traders Ref. No.: 3219/1/50 21st May, […]
Based on the exclusive revelation by Reuters, Confederation of All India Traders (CAIT) has taken strong exception & condemned global giant Amazon & U.S. Embassy India for their uncalled & disrespectful remarks made against Minister of Commerce and Industry Shri Piyush Goyal in an email sent to Mr John Kerry, PMO India and United States Trade Representative. Text […]
