Navasree A.M
Navasree A M, B.B.A., LL.B. (Hons), a lawyer with over 2.5 years of experience as a researcher and content writer at Taxscan, specializing in Indirect Taxes and Corporate Laws.
CBIC issues Clarification on ITC availability for Demo Vehicle [Read Circular]
The Central Board of Indirect Taxes and Customs ( CBIC ) has issued a detailed clarification regarding the availability of input tax credit ( ITC )...
![MCA notifies Threshold Limit of Minimum ₹450 Crore Asset and ₹1,250 Crore Turnover for Combinations under Competition Act [Read Notification]](https://images.taxscan.in/h-upload/2025/06/03/250x150_2041086-mca-ministry-of-corporate-affairs-threshold-limit-threshold-limit-of-minimum-450-crore-asset-competition-act-taxscan.webp "MCA notifies Threshold Limit of Minimum ₹450 Crore Asset and ₹1,250 Crore Turnover for Combinations under Competition Act [Read Notification]")
MCA notifies Competition (Criteria for Exemption of Combinations) Rules, 2024 w.e.f. 10th September 2024
The Ministry of Corporate Affairs has introduced the Competition ( Criteria for Exemption of Combinations ) Rules, 2024, which come into effect from September 10, 2024. These rules, formally known...
Ex- Central Excise Superintendent Sentenced to 3 Years Rigorous Imprisonment for Bribery by CBI Court
The Special Judge for CBI cases in Ahmedabad has sentenced a former Superintendent of Central Excise, Range-IV, Division-II, Ahmedabad, to three years of Rigorous Imprisonment ( RI ) and imposed a...
GST Council Proposes New Rule 164 in CGST Rules, Enables Waiver of Interest and Penalty for FY 2017-2020 Tax Demands
The GST ( Goods and Services Tax ) Council, during its 54th meeting, has recommended the insertion of Rule 164 in the Central Goods and Services Tax ( CGST ) Rules, 2017 for the waiver of...
Recipients of Metal Scraps Liable for Tax under RCM Even if Supplier is Below GST Threshold, 2% TDS Apply: FM
The 54th GST ( Goods and Services Tax ) council meeting held on 9th September 2024 has recommended 2% TDS on the supply of metal scrap by registered persons in B to B supply. It has provided the...
