MVR Constructions withdrew its GST advance ruling application under CGST & TGST Acts. The application was disposed of without addressing merits.
GMK Constructions withdrew its GST advance ruling application as related issues are pending before the High Court and appellate authorities.
Tulasi Industries withdrew its GST advance ruling request on ITC refunds under the inverted duty structure. The application was disposed of without a decision.
The Supreme Court examined tax issues in Apollo Tyres Ltd. vs. CIT, including the role of assessing officers under Section 115-J and eligibility of UTI income under Section 32AB.
SEBI mandates standardized Most Important Terms and Conditions (MITC) for Research Analysts, ensuring transparency in research services. Effective immediately.
SEBI mandates standardized Most Important Terms and Conditions (MITC) for Investment Advisers, ensuring transparency in advisory agreements. Effective immediately.
The E-Way Bill system introduces Form ENR-03 for unregistered dealers to enrol and generate e-Way Bills using a unique Enrolment ID. Learn the process here.
RBI removes the Board of New India Co-operative Bank, Mumbai, citing governance concerns. An Administrator and Advisory Committee appointed for 12 months.
SEBI mandates industry standards for audit committee and shareholder review of related party transactions, effective April 1, 2025.
CBIC updates tariff values for crude oils, metals, and areca nuts under the Customs Act, effective February 15, 2025. Check revised import duty rates.
