The Ministry of Finance, Department of Revenue, has issued Notification No. 02/2023 – Union Territory Tax on May 25, 2023. This notification amends the previous notification No. 14/2018-Union Territory Tax, published on October 8, 2018, regarding the Authority for Advance Ruling in Union territories. The names of the Union territories and the designated members of […]
Notifications No. 11/2023- Central Tax to extend the due date for furnishing FORM GSTR1 (Outward Supply Details) for registered persons whose principal place of business is in the State of Manipur till the thirty-first day of May, 2023 Central Board of Indirect Taxes and Customs has issued Notification No. 11/2023 under the Central Goods and […]
Guidance to the International Financial Services Centres Authority (Anti Money Laundering, Counter-Terrorist Financing and Know Your Customer) Guidelines, 2022.
The Committee for Development of International Trade, Services & WTO at The Institute of Chartered Accountants of India (ICAI) has announced that it is seeking inputs for measuring the Cost of Regulation (CoR) as requested by the Department For Promotion of Industry and Internal Trade (DPIIT). The CoR is a crucial factor in assessing the […]
E-waste (Management) Rules 2022 – regarding release of imported consignments of producers of 85 EEEs items (ITEW 17 to ITEW 27, CEEW 6 to CEEW 19, LSEEW 1 to LSEEW 34, EETW 1 to EETW 8, TLSEW 1 to TLSEW6, MDW 1 to MDW 10 and LIW1 to LIW 2) – reg.
Notification in relation to Land Customs Stations and routes a) Anandpara (India) – Ramgarh (Bangladesh) via River Feni (b) The road from NH-8 in Anandpara (India) through Maitri Setu to Ramgarh (Bangladesh) by amendment of Principal Notification No. 63/1994-Customs (N.T.) dated 21st November 1994 MINISTRY OF FINANCE (Department of Revenue) Notifications No. 35/2023 -Customs (N.T.) […]
SEBI consultation paper on Special Rights to Unitholders and Role of Sponsor in REITs & InvITs is on proposals to strengthen governance norms for REITs and InvITs
The violation of Section 42 of the Companies Act, 2013 pertains to the non-compliance of regulations regarding private placement of shares by a company. In this specific case, M/s. Payswiff Technologies Private Limited failed to adhere to the provisions of Section 42(6) of the Act, which requires the company to keep the funds received for […]
In re Beeup Skills Foundation (GST AAAR Maharashtra) AAAR held that the reimbursement amount received by the Appellant from NEEM Trainer towards Stipend and other expenses incurred by the Applicant in accordance with AICTE (NEEM) Regulations to ensure wealth, safety and health of NEEM Trainees is not in the capacity of pure agent. In the […]
Explore the ramifications of GST on subsidized canteen services provided to employees, according to the Factories Act, 1948. Understand how recent court rulings and legal interpretations influence the tax implications of these services
