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The Hon’ble Karnataka High Court in M/s. Orient Traders v. the Deputy Commissioner of Commercial Taxes (Audit) [Writ Petition No. 2911 of 2022 (T-RES) dated December 16, 2022] has permitted the assessee to make the necessary changes to its Form…
Samsung India Electronics is exploring legal options after a show-cause notice was issued against it by the Directorate of Revenue Intelligence (DRI) for customs duty evasion. The DRI has alleged that Samsung mis-declared its import of Remote Radio Heads (RRHs),…
CBIC has issued an Instruction no. 34/2022 dated 30.12.2022 to clarify that – Reference is invited to Office Memorandum No. L-110102(2)/2/2016-Trade (E-246) dated December 21, 2022 from the Department of Animal Husbandry and Dairying (DAHD) enclosing the consolidated list of…
The government is looking at ways of plugging a loophole in regulations that may allow many solar power developers to avoid paying duties of up to 40% on cells and modules and instead get away with shelling out only 5%.…