In a significant development, the Delhi High Court has stayed proceedings related to a contested Show Cause Notice ( SCN ) issued by the Anti-Evasion Wing of the Central Goods and Services Tax ( CGST

Penalties under the Central Excise Rules, 2002 are imposed for non-compliance with various provisions of the Central Excise Act, 1944. It was aimed to prevent evasion of duties, and maintain discipline in excise administration. Penalty

Have you heard about CHA? Becoming a Customs House Agent (CHA) in India involves a series of steps, as mentioned under the Customs Broker Licensing Regulations (CBLR), 2018. A CHA is referred to as a

In a significant case, the Kerala High Court held that the provisions of the Foreign Trade Policy cannot by itself authorise the levy of interest under Section 28AA of the Foreign Trade (Development and Regulation)

The Joint Commissioner (Appeals), being the First Appellate Authority of Goods and Services Tax (GST) matters recently deleted demands and penalties observing the retrospective applicability of Section 16(5) of the Central Goods and Services Tax

The Joint Commissioner (Appeals), being the First Appellate Authority of Goods and Services Tax (GST) matters recently affirmed that no refund of voluntarily paid tax or reversal of Input Tax Credit (ITC) already paid may

The Joint Commissioner (Appeals), being the First Appellate Authority of Goods and Services Tax (GST) matters recently affirmed that no appeals may be entertained by the GST Appellate Authority if the appeal is not accompanied

The Evolution of the Chartered Accountant Profession in India The profession of Chartered Accountancy ( CA ) in India dates back to 1949 when the Institute of Chartered Accountants of India ( ICAI ) was

This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal ( ITAT ) reported at Taxscan from 30 November 2024 to 6 December 2024. ITAT Remands Case to CIT(A) for

The Securities and Exchange Board of India ( SEBI ) has notified significant amendments to Regulation 30A of the SEBI (Intermediaries) Regulations, 2008, introducing a revised framework for summary proceedings. These amendments, officially titled the

The Directorate General of Foreign Trade ( DGFT ), through Trade Notice No. 13/2023-24 dated 16th August 2024, has announced the launch of the enhanced Preferential Certificate of Origin ( eCoO ) 2.0 system. This

In a recent ruling, the Madras High court has ruled that the Input Tax Credit ( ITC ) is not available under the Goods and  Services Tax ( GST ) for the goods purchased for

In a recent case, the Allahabad bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT)upheld the denial of cenvat credit against pepsico as manpower supply services and anti termite or pesticide treatment services

The Chennai bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that pre-CIRP dues cannot be recovered once the corporate debtor is admitted into insolvency due to moratorium under section 14 of

The Joint Commissioner (Appeals), being the First Appellate Authority of Goods and Services Tax (GST) recently disposed of multiple appeals pertaining to eligibility to avail Income Tax Credit (ITC) as per the provisions of Section