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CBIC exempt LPG, Liquified Propane and Liquified Butane from levy of AIDC

August 31, 2023 1509 Views 0 comment Print

The Ministry of Finance, Department of Revenue has released a new notification numbered 51/2023-Customs on 31st August 2023. This notification announces critical amendments to a previous notification, No. 11/2021-Customs, which dates back to 1st February 2021. The primary focus of the amendment is to exempt LPG, Liquified Propane, and Liquified Butane from the levy of […]

Aluminium and Aluminium Alloys (Quality Control) Order, 2023

August 31, 2023 4074 Views 0 comment Print

 Ministry of Mines has made a significant move by issuing the Aluminium and Aluminium Alloys (Quality Control) Order, 2023. This order, backed by the Bureau of Indian Standards, aims to regulate the quality of various aluminium products within India. Set to come into effect three months after its publication, this order establishes key guidelines for […]

Copper (Quality Control) Order, 2023

August 31, 2023 2823 Views 0 comment Print

Ministry of Mines has recently issued an important directive called the Copper (Quality Control) Order, 2023, in association with the Bureau of Indian Standards. This order comes into effect three months after its publication and sets new regulations concerning the quality of copper and related products in India. MINISTRY OF MINES ORDER New Delhi, the […]

Lack of Notice Violates Natural Justice, Requires Readjudication: ITAT Chennai

August 31, 2023 564 Views 0 comment Print

ITAT Chennai’s landmark decision on the non-issuance of notice to Arunachalam, underlining the importance of natural justice in tax proceedings.

India International Arbitration Centre (Conduct of Arbitration) Regulations, 2023

August 31, 2023 1128 Views 0 comment Print

1) These regulations may be called the India International Arbitration Centre (Conduct of Arbitration) Regulations, 2023. (2) They shall come into force on the date of their publication in the Official Gazette.

IRDAI Circular: Modifications for Withdrawn Life Insurance Products

August 31, 2023 1308 Views 0 comment Print

Read about IRDAI’s circular on modifications allowed for withdrawn life insurance products, ensuring additional options for policyholders while maintaining benefits.

IRDAI’s New Guidelines on Health Insurance Customer Information Sheet

August 30, 2023 1803 Views 1 comment Print

Explore revised guidelines by IRDAI on Health Insurance Customer Information Sheet. Learn about policy inclusions, exclusions, claims, and more.

ITAT Orders Denovo Adjudication on Assessee-Tax Consultant Miscommunication

August 30, 2023 582 Views 0 comment Print

Mohanlal S. Gachi’s case in ITAT Mumbai revisited due to communication errors between assessee & tax consultant. Learn more about the adjudication process.

NCLAT Dismisses Kotak Mahindra’s Appeal: Scope Limited After ‘Approval of Resolution Plan

August 30, 2023 801 Views 0 comment Print

NCLAT Chennai dismisses Kotak Mahindra Bank’s appeal in the Orchid Pharma case, affirming limited authority post approval of resolution plan. Analysis and conclusion provided.

Procedural error leading to short payment shouldn’t result in hefty penalty for director: CESTAT

August 30, 2023 552 Views 0 comment Print

CESTAT Ahmedabad quashes penalty on Azaz Lokhandwala, Director of Schurter Electronics. No suppression of facts found as goods cleared with the right invoice.

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