In re Windlass Biotech Limited (GST AAR Uttarakhand) ‘Dry Powder Containing Protein Powder with Vitamins & Minerals‘ being manufactured by M/s Windlass Biotech Limited, 40/1, Mohabewala Industrial Area, Dehradun, Uttarakhand under the name ‘Protowits’ is a Food supplement which is fit to be classified under HSN 2106. Read AAAR Order: Dry Powder Containing Protein Powder with Vitamins […]
AKS Power Equipments (P) Ltd. Vs. DCIT (ITAT Kolkata) Where assessee remitted employees contribution towards PF and ESI before filing of return under section 139(1) and that the amendment/Explanation brought in Section 43B of Income Tax Act, 1961 by Finance Act, 2021 with effect from 1-4-2021 on the instant issue being prospective in nature, the […]
seeks to amend Notification number 48/2016-Customs (ADD) dated 1st September, 2016 , to extend the levy on ‘Glass Fibre and Articles thereof’ from China PR upto 31st October, 2021. Notification No. 49/2021-Customs (ADD), Dated: 31.08.2021 MINISTRY OF FINANCE (Department of Revenue) New Delhi Notification No. 49/2021-Customs (ADD) | Dated: 31st August, 2021 G.S.R. 607(E).—Whereas, the […]
In a communication sent to Union Minister Shri Piyush Goyal, Confederation of All India Traders has demanded immediate implementation of the E-commerce Rules under Consumer Protection Act,before the festive season begins, noting that almost 45 days has passed since the last date for draft suggestions was 21st July. Confederation of All India Traders Ref. No.: […]
Seeks to amend notification No. 28/2021-Customs, dated the 24th April, 2021 to extend the exemptions under the said notification up to 30th September, 2021. Notification No. 41/2021-Customs | Dated: 30thAugust, 2021 GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) Notification No. 41/2021-Customs New Delhi, the 30thAugust, 2021 G.S.R. (E)…- In exercise of the powers […]
In re Uwas Recycler LLP (CAAR Mumbai) CAAR held that goods ‘mill processed non-alloy ferrous waste metal goods wound in coil’ does not appear to be waste or scrap, and therefore, not classifiable under sub heading 72044900. These goods merit classification under subheading 72099000. FULL TEXT OF THE ORDER OF CUSTOMS AUTHORITY FOR ADVANCE RULING, […]
In re Sh. Sunil Chandrana (CAAR Mumbai) CAAR rules that Glyteine (Gamma Glutamylcysteine), packaged in 415 mg. sachets and branded as Continual-G merits classification under sub-heading 21069099 of the first schedule to the Customs Tariff Act, 1975. FULL TEXT OF THE ORDER OF CUSTOMS AUTHORITY FOR ADVANCE RULING, MUMBAI Ruling An application for advance ruling […]
The Income Tax Department carried out a search and seizure operation on 25.08.2021 on a group based in Maharashtra and Goa. The group is a prominent steel manufacturer and trader of Pune, Nashik, Ahmednagar and Goa. More than 44 premises were covered in the search operation.
CIT Vs Angels Educational Trust (Madras High Court) With regard to the observation of the appellant that only two of the Trustees were authorized to administer the Trust, the same was held to be not a reason to reject the case of the assessee-Trust and it is common that the day-to-day activities of a Trust […]
R N Khemka Enterprises (P) Ltd. Vs ITO (ITAT Delhi) Co-ordinate Benches of the Tribunal are taking the consistent view that when there is non-application of mind by the AO to the report of the Investigation Wing, such reassessment proceedings are not in accordance with law and such reopening proceedings have been quashed. Since, in […]
