By: AdminMay 24, 2024Categories: GST Recent News4 Min Read The Allahabad High Court has dismissed a petition filed by a firm against penalty, interest imposed on it, and reversal of…
GSTN issued Important Letter on Migration of CBIC to GSTN Back Office
By: AdminMay 23, 2024Categories: GSTN|Notification and Circular4 Min Read The GSTN has issued a very important letter vide F. No. GSTN/PMO/CBIC/2023 dated May 22, 2024 to the Chief Commissioner/Commissioner, State…
India Mandates BIS Certification for Sale of Imported Used Electronics to Ensure Quality: DGFT
By: AdminMay 23, 2024Categories: DGFT|News4 Min Read The importation of used, repaired, refurbished, and reconditioned electronic products destined for sale in India will now require certification from the Bureau of…
MCA fines LinkedIn India, Nadella, 8 others for companies law violations
By: AdminMay 23, 2024Categories: MCA|News4 Min Read The corporate affairs ministry on Wednesday slapped fines on Microsoft-owned LinkedIn India, Satya Nadella and eight other individuals for violation of the significant…
Pulses imports from more countries likely; Reports
By: AdminMay 23, 2024Categories: export import|News4 Min Read India is aiming to import pulses from several countries including Brazil, Argentina, Australia and African countries to augment domestic supplies aimed at…
CBDT notified the income tax exemption to “Tamil Nadu Water Supply and Drainage Board, Chennai” u/s 10(46) of the IT Act
By: AdminMay 23, 2024Categories: CBDT Notification|Notification And Circular4 Min Read The CBDT vide Notification No. 43/2024 dated May 22, 2024, has notified the income tax exemption to the “Tamil Nadu…
Odisha GST Dept. mandates Assessments for Specified Dealers under Section 42A of the OVAT Act – April 2022 – March 2023
By: AdminMay 23, 2024Categories: State GST Notification and Circular4 Min Read The Odisha GST Department issued Notification No. 6963/CT dated May 20, 2024 mandating the assessment of specified dealers under…
Service tax leviable on services rendered by the Advocate and Senior Advocate under Reverse Charge
By: AdminMay 23, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Karnataka High Court in the case of Prashanth Sreedhar Shenoi v. Assistant Commissioner (Central Tax) Bangalore [Writ Petition No. 26096/2022…
Assessee cannot be adjudicated by the CGST, assigned to SGST authority or vice-versa
By: AdminMay 23, 2024Categories: Important Pronouncements4 Min Read The Hon’ble Madras High Court in Ram Agencies v. Assistant Commissioner of Central Tax [W.P. (MD) NO. 8674 of 2024 and W.M.P…
RBI announces record dividend of ₹2.11 lakh crore to Government for FY24
By: AdminMay 22, 2024Categories: Press Release|RBI4 Min Read The Reserve Bank of India has announced a record dividend of ₹2.11 lakh crore to the Government of India for the financial…