Financer not liable for penalty for undervaluation of imports unless involvement proved in commission of offence: CESTAT Kolkata ...

CESTAT Delhi held that no stranger to the contract of sale including the Customs officer has any right to re-determine the FOB value. The Customs Act and Rules cannot be applied to re-determine the ...

Supreme Court held that State Government cannot frame rules in exercise of power under Section 13 (3) of the Central Sales Tax Act, 1956 which will be inconsistent with the rules framed by the Central ...

This research paper provides a comprehensive beginner’s legal guide to understanding how stock exchanges in India operate, ...

Convertible Note (“CN”) is an attractive financing instruments for early stage funding of Startups due to its flexibility and ...

Investors are the backbone of any company. To turn the prospective investor into investor of the company, Annual Report plays ...

CESTAT Chennai held that jewelry worn or concealed on person arriving in India from abroad is covered under Baggage Rules, 2016 hence there cannot be presumption that it is covered under the Customs ...

CESTAT Delhi held that interest as per section 50 of the Central Goods and Services Tax Act, 2017 [CGST Act] is applicable on delayed payment of IGST in the course of imports. Accordingly, interest ...

Jammu Kashmir High Court held that contractor is liable to pay GST at rates prevailing on last date for receipt of tender.

2. Section 194T uses the term “ Partner ” and does not specify the same as working or non-working. Thus the distinction ...

Introduction The Government of India’s PLI Scheme for Electronic Components is a powerful initiative to boost domestic ...

Delhi High Court held that Form ITNS-150 sets out quantum of tax determination to be paid by assessee in an order u/s. 143 (3) of the Income Tax Act, thus any amendment thereof is to be made within ...