Home Highlights October 2017 Year 2017 This

You may also like:

1. Duty Free Import Authorization (DFIA) Scheme - If the applicant is aggrieved by the application of the Duty Free Import Authorization Scheme to the parties like the...

2. Pursuant to powers under paragraphs 1.03 and 2.04 of the Foreign Trade Policy, 2023, DGFT has extended the deadline for filing Annual RoDTEP Return (ARR) for FY 2023-24....

3. Import of soda ash against Duty Free Import Authorization (DFIA) Scheme - Re-validation - various restrictions introduced by the impugned Notification No 31 dated...

4. DFIA - Denial of exemption from Basic Customs Duty under Transferrable Duty Free Import Authorisation (DFIA) - Such beneficial DFIA scheme which is intended for export...

5. Deduction u/s. 24(a) equal to 30% - Rental income from fixture, fittings and amenities - separate agreements for let out of the property and for providing amenities -...

6. HC denied bail in money laundering case involving spurious anti-cancer medicine manufacturing scheme. Despite applicant's claim for exemption under Rs. 1 crore threshold...

7. GST rates for Composition Scheme with CGST Rules, 2017 aligned between notification and rules.

8. CESTAT ruled on interpretation of "month" under Rule 6(4A) of Service Tax Rules, 1994 regarding adjustment of excess service tax payments. Applying Section 13 of General...

9. The DGFT invited applications from 1st to 12th January 2025 for obtaining import authorizations for low ash metallurgical coke subject to country-wise quantitative...

10. Disallowance u/s 2(24)(x) r.w.s. 36(1)(va) - assessee shall within fifteen days of the close of every month pay the same to the fund such contribution and the expression...

11. CENVAT credit - the effect of proviso to Rule 3(4) of CCR is that though a manufacturer is obliged to discharge excise duty liability by 5th or 6th day of the next...

12. CENVAT Credit - invoices beyond six months - Rule 4(7) of CCR, 2004 - the time restriction of six months would not apply to the invoices issued prior to 01/09/2014

13. Timelines for disposing applications by trusts, funds, or institutions seeking registration for exemption u/s 12AB or approval u/s 80G are rationalized. Applications...

14. Validity period of export authorisation for restricted (Non-SCOMET) goods enhanced from 12 months to 24 months.

15. Finalisation of Provisional assessment - Two different block periods of four months and two months were taken only to satisfy the six month period as prescribed under...