Online bond platforms may offer overseas-regulated products and tax-specific bonds subject to disclosures, compliance safeguards and revised complianc...
Corporate guarantee valuation permits actual ascertainable commission while barring retroactive application and extended-period penalties for bona fid...
Proper-officer jurisdiction under UPGST penalty provisions upheld; participation on merits prevents bypassing the statutory appellate remedy through w...
Transitioned CENVAT credit may validly satisfy mandatory pre-deposit requirements for legacy service tax appeals through Electronic Credit Ledger debi...
Building-plan sanction charges require statutory authority; unauthorised fees and GST were quashed, while labour cess must follow prescribed collectio...
Pure-agent exclusion fails where hotel booking facilitators receive third-party services themselves, making entire customer consideration taxable as r...
Amendments to Chapter 5 of Handbook of Procedures 2023 for Export Promotion Capital Goods Scheme: Extended time period for submitting installation certificate from 6 months to 3 years, with composition fee. Provisions for extension of export obligation period simplified with revised composition fees based on duty saved value. Additional composition fees prescribed for regularization of exports and PRC decisions. Aimed at reducing compliance burden and enhancing ease of doing business.
Amendments to Chapter 5 of Handbook of Procedures 2023 for Export Promotion Capital Goods Scheme: Extended time period for submitting installation certificate from 6 months to 3 years, with composition fee. Provisions for extension of export obligation period simplified with revised composition fees based on duty saved value. Additional composition fees prescribed for regularization of exports and PRC decisions. Aimed at reducing compliance burden and enhancing ease of doing business.
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