Import Policy

DGFT - import air conditioners - refrigerants - air conditioners - Taxscan

DGFT prohibits Import of Air Conditioners with Refrigerants [Read Notification]

October 20, 2020

DGFT - Import Policy - Television - Taxscan

DGFT amends Import Policy of Colour Television sets from ‘Free’ to ‘Restricted’

July 31, 2020

DGFT - Import Policy - Power Tillers - Amendment - Taxscan

DGFT amends Import Policy and Procedure for allocation of Import Authorization of Power Tillers [Read Notification]

July 19, 2020

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GST: Tripura High Court disallows rectification of Tax Invoice as not covered under Section 161 of CGST Act, Limitation Act not applicable to Special statute [Read Order]

January 20, 2021

The Tripura High Court disallowed the rectification of tax invoices as not covered under Section 161 of the CGST Act, and Limitation Act is not applicable to Special statute. The petitioner, M/s Kiran Enterprise is a sole proprietorship firm and the distributor of Airtel as engaged by Bharati Hexacom Limited for Dharmanagar. The tax invoices […]

NAA finds Subwest Restaurant guilty of denying GST rate Cut Benefits on Restaurant Services [Read Order]

January 20, 2021

The National Anti-Profiteering Authority (NAA) found the Subwest Restaurant guilty of denying GST rate Cut Benefits on restaurant services. The applicant has filed the complaint alleging profiteering in respect of restaurant service supplied by the Respondent, Subwest Restaurant despite the reduction in the rate of GST from 18% to 5% w.e.f. November 15, 2017 by […]

GST: Uploading of Show Cause Notice on GSTN Portal is not valid as the petitioner didn’t visit portal, says Allahabad High Court [Read Order]

January 20, 2021

The Allahabad High Court held that uploading of show-cause notices on GSTN Portal is not valid as the petitioner did not visit the portal. The petitioner, Vidyut Majdoor Kalyan Samiti failed to file monthly returns (GSTR-3B) for more than six months for the period from October to March in the assessment year 2018-19 and from […]

Supreme Court upholds validity of Insolvency and Bankruptcy Code (Amendment) Act, 2020 mandating ‘minimum threshold’ on the home-buyers [Read judgment]

January 20, 2021

The Supreme Court upheld the constitutional validity of Insolvency and Bankruptcy Code (Amendment) Act, 2020 mandating ‘minimum threshold’ on the home-buyers. According to the amended Section 3, Homebuyers can move an application for insolvency only when 100 real estate allottees under the same real estate project or 10 percent of the total allottees of such […]

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Insider Trading Case: Andhra Pradesh High Court quashes FIRs as Private Sale Transactions can’t be Criminalized [Read Order]

January 20, 2021

The Andhra Pradesh High Court while quashing the FIRs filed in connection with the alleged ‘insider trading’ inland transactions at Amaravati held that private sale transactions cannot be criminalized. The State has filed cases alleging that it had purchased lands in Amaravati after being privy to the information from the then Chandrababu Naidu government that the […]

GST: Tripura High Court disallows rectification of Tax Invoice as not covered under Section 161 of CGST Act, Limitation Act not applicable to Special statute [Read Order]

January 20, 2021

NAA finds Subwest Restaurant guilty of denying GST rate Cut Benefits on Restaurant Services [Read Order]

January 20, 2021

GST: Uploading of Show Cause Notice on GSTN Portal is not valid as the petitioner didn’t visit portal, says Allahabad High Court [Read Order]

January 20, 2021

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