Customs Authority ruled that the projectors under consideration, based on their functions and features, were principally meant for use with automatic data processing machines. The presence of additional features did not disqualify them from classification under sub-heading 8528 62 00, emphasizing the specific description provided by the heading.
Explore key proposals for REITs and InvITs: ceiling on subordinate units, uniformity in rights, and managing changes post-issuance. Share your insights now!
Ministry of Finance reveals Income Tax Department’s massive search operation exposing a major tax evasion scheme in Mumbai’s electrical manufacturing sector. Preliminary findings suggest unaccounted cash sales, dubious expenses, and a network of authorized distributors involved.
Explore the implications of GST on advertising services for government departments. Learn about the criteria for intra-state and inter-state supplies, safeguarding state revenue.
Dive deep into NCLT Mumbai ruling in Central Bank of India vs. Superfine Profile and Extrusions Pvt. Ltd. Uncover implications of date of default for corporate guarantors
Explore the National Financial Reporting Authority’s order against CA Pankaj Kumar for professional misconduct in SRS Real Infrastructure Limited’s audit. Details of violations, penalties, and implications revealed.
Explore RBI’s latest directive on Weapons of Mass Destruction Act amendments. Learn about KYC procedures, UNSCR 1718 sanctions, and compliance for regulated entities.
Explore the latest IRDA circular allowing insurers to invest in Infrastructure Debt Funds-NBFCs, streamlining the process for enhanced infrastructure sector financing.
Explore Rule 142(1) of CGST Rules mandating Section 74 notice to be accompanied by an electronic summary in GST DRC-01 & DRC-02. Learn about compliance during adjudication.
Learn about the penalty imposed by the Registrar of Companies on Sambhava Agro Producer Company Limited for delaying INC-20A form filing under Companies Act, 2013.
