Bail Condition to deposit INR 70 Lakhs for alleged wrongful availment of ITC is not sustainable
The Hon’ble Supreme Court in the matter of Subhash Chouhan v. Union of India [Criminal Appeal No. 186 /2023 dated…
Month: January 2023
Time limit for issuance of SCN for F.Y. 2017-18 is extended till September 30, 2023
The Hon’ble Kerala High Court in Pappachan Chakkiath v. Assistant Commissioner & Anr. [WP(C) NO. 816 of 2023 dated January…
Assessee directed to approach competent authority to prove ownership of the detained goods by moving proper application
The Hon’ble Allahabad High Court in M/s Shiv Scrap Sales v. State of U.P. & Anr. [Writ Tax No. 1519…
Budget 2023: Online Gaming Industry seeks lower GST, clarity on regulation
The Union Budget 2023-24 is set to be presented by Finance Minister Nirmala Sitharaman on February 1. The online gaming…
Budget 2023: Aviation industry seeks tax incentives for MRO sector, bringing ATF under GST
Given India’s ideal geographical position, placed between major Asian and European countries, stakeholders in the aviation industry have been long…
18% GST on air freight leaves bad taste in the mouths of Indian betel leaf exporters
A revival in betel leaf export from India has been marred by the imposition of 18 percent Goods and Services…
MIDC plot transfers to third party under GST scanner
Businessmen having transferred their plots in MIDC’s industrial estates to others may soon have the taxman knocking at their doors.…
Final stage of Union Budget 2023-24 commences with Halwa Ceremony
The Halwa ceremony, marking the final stage of the Budget preparation process for Union Budget 2023-24, was held in North…
Demand of tax and penalty for release of goods without mentioning the reasons is unsustainable
The Hon’ble Delhi High Court in Ram Prakash Chauhan v. Commissioner of Delhi (Goods and Service Tax) & Anr. [W.P.(C)…
Rajasthan HC stays GST show cause notice issued to MyTeam11
In an interim order, the Rajasthan High Court has stayed the show cause notice issued to MyTeam11 by the Directorate…