Vishnupriya Hotels’ appeal led to a penalty reduction for non-compliance with Section 149(3) of the Companies Act. The company paid Rs. 60,000 after adjudication.
Konoria Plaschem faced penalties for failing to appoint an internal auditor from 2014-2020. The fine was reduced on appeal. Read the case details.
Water & Sanitation (India) for Urban Poor failed to hold board meetings from 2011-2019, leading to penalties. The fine was later reduced on appeal.
Orissa High Court allows revocation of GST registration for Harish Mahanta, subject to tax compliance. The tax portal will be reopened for return filing.
SEBI has released a draft circular to revise the Investor Charter for stock brokers. Public comments are invited until February 17, 2025.
CAAR Mumbai rules on the classification of Short Block Sub-Assembly under Tariff Item 84149011, clarifying its status as a part, not a complete scroll compressor.
The Customs Authority of Advance Ruling classifies Apple Vision Pro as a portable automatic data-processing machine under CTH 84713090. Read the full analysis.
The Customs Authority ruled Apple Vision Pro accessories fall under CTH 8473, rejecting classification under CTH 8529 or by material composition.
RBI to conduct a USD 5 billion USD/INR Buy/Sell swap auction on Jan 31, 2025, for a 6-month tenor to manage liquidity. Read details on eligibility and process.
DGFT amends Handbook of Procedures to implement eCertificate of Origin. Changes include online CoO application, in-lieu certificates, and back-to-back CoOs.
