Explore RBI’s new draft regulations under FEMA 1999 aimed at easing export-import processes. Learn about proposed changes and how they impact businesses.
Adjudication of penalties for 5B Industries India Pvt Ltd for violating Section 10A of the Companies Act, 2013. Learn about the case details and imposed penalties.
It has been alleged that Google is granting exclusive access to Truecaller to share private contact information of the users with everyone while prohibiting other apps from doing the same. By doing this, Google is favouring Truecaller and distorting the market for caller ID and spam protection apps thereby providing a monopoly space to Truecaller.
SEBI mandates email as default mode for Consolidated Account Statement (CAS) dispatch by depositories and MF-RTAs. Effective from August 1, 2024.
Explore Notification No. 17/2024-Central Excise by the Ministry of Finance, Government of India. Detailed amendments, effective from July 2, 2024.
The recovery proceedings are final step towards realisation of any tax or amount. This Chapter deals with the law and procedure relating to recovery of the unpaid GST dues, including interest, penalties and late fees.
While discharging the tax liability on the supplies, a supplier has to ensure proper compliance of the provisions related to classification of the supply of Goods and Services, applicable rate of tax, valuation of the supply, time of supply, place of supply, admissibility of exemption/concession granted by notification, if any, etc., so as to ensure proper payment of tax on such supplies.
GST law is a voluntary compliance-based taxation system. One of the key features of GST is its self-assessment system. The entire responsibility for assessment of tax liability has been entrusted upon with the taxable person or the Business entity in line and spirit of the GST laws.
1. INTRODUCTION: ADVANCE RULING MECHANISM IN GST 1.1 The Advance Ruling is issued by tax authorities to companies/firms who request for clarification of certain tax matters, specifically when the taxpayer is uncertain about certain provisions of the CGST Act, 2017 and CGST Rules, 2017. 1.2 The provisions of CGST Act, 2017 and CGST Rules, 2017 […]
Explore the CAAR Mumbai full text order on classification of Viewsonic computer monitors under Customs Act 1962, eligibility for exemption under Notification No. 24/2005.
