Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
IBBI revises and replaces the liquidation monitoring forms, prescribing four electronic filings (LIQ 1-LIQ 4) covering (i) commencement to public announcement, (ii) quarterly progress reporting, (iii) last progress report to dissolution/closure application, and (iv) dissolution/closure application to disposal order, each subject to specified submission timelines; existing forms are discontinued from 1 January 2026, with LIQ-2 available from February 2026, and all subsequent filings must be made in the revised forms by the liquidator in office as on the last day of the preceding month. A portal-based form-modification utility is enabled for correcting filed forms through OTP authentication, and modifications made by the due date do not attract any fee under Regulation 47B; delayed filings during January-March 2026 are not penalised.
IBBI revises and replaces the liquidation monitoring forms, prescribing four electronic filings (LIQ 1-LIQ 4) covering (i) commencement to public announcement, (ii) quarterly progress reporting, (iii) last progress report to dissolution/closure application, and (iv) dissolution/closure application to disposal order, each subject to specified submission timelines; existing forms are discontinued from 1 January 2026, with LIQ-2 available from February 2026, and all subsequent filings must be made in the revised forms by the liquidator in office as on the last day of the preceding month. A portal-based form-modification utility is enabled for correcting filed forms through OTP authentication, and modifications made by the due date do not attract any fee under Regulation 47B; delayed filings during January-March 2026 are not penalised.
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