Introduction: The Goods and Services Tax Network (GSTN) has issued a significant advisory to GST (Goods and Services Tax) applicants regarding the Aadhaar authentication process for registration. The advisory outlines the new biometric-based Aadhaar authentication process and its pilot implementation details. Key Points of the Advisory: 1. Rule 8 Amendment: Rule 8 of the CGST […]
Government of India’s Ministry of Commerce & Industry announces SCOMET Updates 2023, amending the classification of export and import items. Learn more about the changes.
Pradhan Mantri Jan Dhan Yojana (PMJDY) completes nine years of transforming financial inclusion in India. Learn about its impact, achievements, and contributions to the nation’s growth.
Ministry of Commerce and Industry’s DPIIT has announced Quality Control Orders for Solar DC Cable, Fire Survival Cable, and Cast Iron Products. Learn about these regulations and their impact on manufacturing and quality standards in India.
Southern Explosives Company P. Ltd. Vs PCIT (Madras High Court) Introduction: In a significant ruling, the Madras High Court has addressed the issue of excessive tax collection by the Income Tax Department. The case in contention is between Southern Explosives Company P. Ltd. and the Principal Commissioner of Income Tax, Chennai. Analysis: The petitioner, Southern […]
ITAT Kolkata rules that compensation paid for not fulfilling a contract isn’t penal, as there’s no law infringement. This upholds deduction claims.
Detailed analysis of ITAT’s decision in Uma Rajendra Agarwal Vs ACIT regarding deletion of adhoc disallowance on electricity expenses.
Delhi High Court states that mere claims of fraud or willful misstatement are inadequate grounds for cancelling a GST registration without solid proof.
Introduction: Discover the latest insights and updates in the CBIC Chairman’s Weekly Newsletter for the week of August 28, 2023. The newsletter covers diverse topics ranging from Chandrayaan’s remarkable achievement to strategic insights and achievements in Customs operations. Detailed Subheading-wise Analysis: Chandrayaan’s Triumph: The newsletter begins with an awe-inspiring tribute to Chandrayaan-3’s triumphant journey. It […]
In re Haworth India Private Limited (GST AAR Tamilnadu) Summary: The case in focus revolves around the transfer of title of goods within the Free Trade Warehousing Zone (FTWZ). The pivotal question raised is whether such transfers fall within the ambit of Schedule III of the CGST Act, 2017, post its amendment in 2018. It […]
