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GST on Revenue Share from Educational Institution & Interest-Free Refundable Deposit

July 13, 2023 2718 Views 0 comment Print

GST AAR Kerala ruling on Choice Foundation’s revenue share from educational venture and exemption of GST on interest-free deposits. Clarifies GST applicability on transactions under CGST/KSGST Acts and Notifications 11/2017 and 12/2017.

Construction of Jetty for Indian Navy is work contract & not exempt from GST

July 13, 2023 1167 Views 0 comment Print

Construction of Jetty for Indian Navy as per MoU falls within the ambit of Works Contract’ as defined In Section 2 (119) of the CGST Act, 2017,

NCLT approves resolution plan of Premshree Devcon Pvt Ltd

July 13, 2023 555 Views 0 comment Print

Explore the approval of M/s Land Nest Developers’ resolution plan in the NCLT Indore case (Navin Khandelwal vs. Mukesh Agrawal). Key details, analysis, and implications.

Merger of Multiple User IDs in MCA21 V-2 Portal: Important Circular

July 12, 2023 10497 Views 0 comment Print

MCA circular regarding merger of multiple user IDs in MCA21 V-2 portal and deactivation of old user IDs. Find out how members of professional institutes can approach their respective institutes for merging or deactivating IDs and creating new IDs in MCA21 V-3 portal.

Supreme Court Judgment on Refund of Education Cess

July 12, 2023 3174 Views 0 comment Print

Supreme Court clarifies on education cess refund in CGST vs. Saraswati Agro Chemicals case, emphasizing the importance of legal finality and preventing endless litigation.

Amendments to India-Australia Economic Cooperation and Trade Agreement  

July 10, 2023 1245 Views 0 comment Print

DGFT issued Public Notice No. 21/2023 DGFT, dated 10th July 2023, regarding amendments under Para 2.92 and Annexure-V of Appendix-2A of IIBP 2023. These amendments pertain to the India-Australia Economic Cooperation and Trade Agreement (Ind-Aus ECTA).

Revision of General Notes under Schedule 1 (Import Policy) ITC (HS), 2022

July 10, 2023 3366 Views 0 comment Print

DGFT issued Notification No. 18/2023 DGFT, dated 10th July 2023, regarding revision of General Notes for Import Policy which includes amendments related to Food Import Entry Points and provides updated details in accordance with FSSAI Notifications.

NCLT Approves Resolution Plan of Neoaska Pharma Pvt. Ltd.

July 9, 2023 918 Views 0 comment Print

Get the latest update on the approval of the resolution plan for M/s. Neoaska Pharma Pvt. Ltd. by NCLT Hyderabad. Dr. G. V. Narasimha Rao, the Resolution Professional, presents the details of the plan submitted by Madhya Pradesh Waste Management Pvt. Ltd.

NCLT approves Resolution Plan of Premshree Devcon Private Limited

July 9, 2023 858 Views 0 comment Print

NCLT Indore approves Premshree Devcon Pvt. Ltd. resolution plan by M/s Land Nest Developers, ensuring stakeholder interests are addressed in compliance with IBC 2016.

RBI Report on Internationalisation of INR: Prospects and Recommendations

July 8, 2023 2712 Views 0 comment Print

Reserve Bank of India (RBI) has released a comprehensive report by the Inter-Departmental Group (IDG) on the internationalisation of INR. The report examines the potential of INR as an international currency and provides recommendations for its progress. Learn about the analysis, cross-country experiences, and the roadmap proposed by the IDG in this report.

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