Learn about new ISD rules under GST from April 2025. Understand ITC distribution, documentation, and compliance for same-state and different-state branches.
Notification No. 25/2024-Central Tax, issued on October 9, 2024, has expanded the applicability of GST TDS on metal scrap. Many businesses are now required to deduct 2% GST TDS when purchasing metal scrap from registered suppliers.
SEBI mandates industry standards for disclosure under Regulation 30. Learn about materiality, timelines, and compliance for listed entities under new guidelines.
Delhi High Court upheld a significant penalty imposed by the Reserve Bank of India (RBI) under the Foreign Exchange Management Act (FEMA), 1999, highlighting the strict compliance requirements and severe financial consequences for violations.
SEBI updates Insider Trading regulations, expanding definitions of unpublished price-sensitive info and revising trading window rules.
GST appeal filing deadline is 3 calendar months plus 1 month condonation. Revenue’s 90+30 days approach is incorrect as per judicial rulings.
TReDS facilitates trade receivables discounting for MSMEs. Companies with ₹250 Cr+ turnover must register by March 31, 2025. Key details and platforms.
Bombay High Court directs ICAI to investigate non-practicing CAs involved in illegal activities and possible professional misconduct. Key legal insights.
Bombay High Court rules on tax evasion by Buniyad Chemicals, addressing unexplained credits, money laundering, and regulatory actions. Key legal insights.
Bombay HC ruled that an SCN cannot be issued without considering the reply to a pre-consultation notice, emphasizing procedural fairness in GST adjudication.
