The Goods and Services Tax Network (GSTN) has enabled facility for filing Letter of Understanding (LUT) for FY 2022-23 on GST Portal for taxpayers. LUT application is required to be completed before March 31, 2022 or before supply for Exports and SEZ. Note: The previous LUT is valid upto March 31, 2022 only.
The Institute undertakes revision of Company Secretary Course syllabus after every five years keeping in view the developments that are taking place in the financial, economic, social, technological, legal and regulatory environment in order to keep the upcoming professional Company Secretaries updated so as to add value to the corporate sector, the industry, the regulators and other stakeholders.
In re Sonai Tarmat JV (GST AAR Maharashtra) The present application has been filed under Section 97 of the Central Goods and Services Tax Act, 2017 and the Maharashtra Goods and Services Tax Act, 2017 [hereinafter referred to as “the CGST Act and MGST Act” respectively ] by M/S. Sonai Tarmat JV , the applicant, […]
Institute of Company Secretaries of India is pleased to announce opening of new Examination Centre on Ad hoc basis in view of COVID-19 pandemic for Company Secretaries Examination for June, 2022 session at MIRAJ-SANGLI
CGST Commissionerate, Belapur busts fake GST Input Tax Credit racket of Rs. 81 crores As part of a special Anti-Evasion drive launched by CGST Mumbai Zone, CGST Commissionerate, Belapur arrested one of the Directors of M/s. Fantasia Trade Pvt. Ltd., Navi Mumbai for availing and passing on of inadmissible fake Input Tax Credit of Rs.81 […]
MSPL Ltd Vs Commissioner of Central Excise and Customs (CESTAT Bangalore) Briefly stated the facts of the case are that the appellants are engaged in mining and sale/export of iron ore and are registered with service tax department. The appellants have availed ‘own your wagon scheme’ introduced by Indian Railways by purchasing and leasing out […]
Filling up of the posts in the National Company Law Appellate Tribunal on deputation basis. The National Company Law Appellate Tribunal invites applications for filling up of the following posts on deputation basis: –
Section 10(38) exempts only a stream of capital gain from tax and not the entire source. So if the assessee incurs loss in sale of equity shares, the gain from sale of which is exempt under section 10(38), then such loss will be allowed to be set off against long-term capital gain from sale of shares as well from sale of other assets.
In re Amazon Seller Services Pvt. Ltd. (CAAR Mumbai) M/s. Amazon Seller Services Pvt. Ltd. (the applicant, hereinafter) had filed 10 applications for advance rulings before the Authority for Advance Rulings, Customs, Central Excise and Service Tax, New Delhi (AAR, hereinafter). These applications were pending at the time of appointment of the Customs Authorities for […]
In re Amazon Seller Services Pvt. Ltd. (CAAR Mumbai) CAAR held that wireless speaker device model no. P5B83L merits classification under heading 8518 and more specifically under subheading 85182100 of the first schedule to the Customs Tariff Act. FULL TEXT OF ORDER OF CUSTOMS AUTHORITY OF ADVANCE RULING, MUMBAI Ruling M/s. Amazon Seller Services Pvt. […]
