Office of the Commissioner of Commercial Taxes, Ezhilagam, Chepauk, Chennai -600 005 Notification issued by Commissioner of State Tax, under T.N.G.S.T Act 2017 & T.N.G.S.T Rules 2017 No.2/2024-TNGST PP2/GST-15/25/2024 Chennai, Thursday, July 11, 2024 Aani 27, Kurothi, Thiruvalluvar Aandu-2055 NOTIFICATION In exercise of the powers conferred by the first proviso to section 44 of the Tamil Nadu Goods and Services Tax Act, 2017 (Act 19 of 2017), the Commissioner, on th... ... ...

Chennai, Sep 3 (PTI) The Enforcement Directorate on Thursday carried out coordinated searches in four south Indian states -- Tamil Nadu, Karnataka, Telangana and Keralam -- as part of a money laundering probe linked to multiple narcotics trafficking cases with cross-border linkages, officials said. As many as 30 premises in Chennai, Tirunelveli, Nagapattinam, Velankanni and Ramanathapuram in Tamil Nadu; Kolar, Malur (Kolar district) and Hoskote (Bengaluru North district); Serilingampally and... ... ...

GST recovery against a purchasing dealer is questioned where a supplier filed GSTR-1 but did not pay the challan or file GSTR-3B. The issues concern third-party recovery through DRC-13 for gross GSTR-1 liability despite available input tax credit reducing the supplier's net payable amount, and whether later payment and GSTR-3B filing affect the purchaser's liability.

Charitable purpose includes relief of the poor, education, yoga, medical relief, environmental and heritage preservation, and advancement of general public utility. General-public-utility activities involving trade, commerce, business, or related services for consideration are excluded from charitable character unless undertaken in actual pursuit of that object and the aggregate receipts from those activities do not exceed twenty per cent of the trust's or institution's total receipts for the relevant previous year.

The special GST procedure requires reporting of the final-packing machine in FORM GST SRM-I. Make and model details are optional, but a machine number is mandatory and may be assigned where unavailable. Electricity-consumption ratings must be based on machine details or records; if unavailable, they may be certified by an eligible Practicing Chartered Engineer and uploaded with the form. The procedure excludes Special Economic Zone units and manual packing operations. It applies to job workers and contract manufacturers, while the principal manufacturer bears compliance responsibility for an unregistered job worker or contract manufacturer.

Re-export of warehoused aircraft stores for placement on aircraft departing on foreign flights requires an airline company to submit an application in triplicate identifying the goods, quantity, aircraft, flight particulars, departure details and first foreign airport. Customs permission is recorded through registration and approval. Removal from the warehouse, escort, and fitting or placement on board must be certified under customs supervision, with a further confirmation of placement and entry in the relevant ledger.

HON'BLE MR. JUSTICE SANJAY KISHAN KAUL AND HON'BLE MR. JUSTICE ABHAY S. OKA For the Petitioner : Mr. Suryaprakash.V. Raju, ASG Ms. Sairica Raju, Adv. Ms. Swati Ghildiyal, Adv. Mr. Anmol Chandan, Adv. Mr. Sughosh Subramayan, Adv. Mr. Zoheb Hussain, Adv. Mr. Ritwiz Rishabh, Adv. Mr. Ashutosh Gadhe, Adv. Mr. Kanu Agrawal, Adv. Mr. Arvind Kumar Sharma, AOR For the Respondent : None ORDER List below Criminal Appeal Nos. 761- 762/2021 and connected matter. =============... ... ...

SCHEDULE FORM I (In Triplicate) . Name of Airline Company _______________________________________ To Assistant Collector of Aircraft Stores Warehouse, Airport. Please allow us to deposit in the Warehouse the packages containing stores for the aircraft intended for re-export on aeroplanes proceeding on foreign flight. The sheet of Cargo Manifest, Consignment Notes, Invoices and specifications pertaining to the stores are attached herewith and the pa... ... ...

ORIGINAL FORM (See regulation 2) Packages Quantity or weight Description of goods Fair Price Sale price on which duty is to be calculate Duty Additional duty equal to Excise duty Total Duty (Col.8+10) (Rs.) Additional information, if any No. and description Marks and Numbers Rate including special duty Amount (Rs.) Rate Amount (Rs.) 1 2 3 4 5 6 7 8 9 10 11 12 -3- Cms. -3- Cms. -3- Cms. ... ... ...

Bangalore, Karnataka, India (NewsVoir) • Bajaj Finance among the first businesses to go live with the new AI-powered experience • The smallest of Indian businesses can now ask about payments, settlements, and support issues, and get them acted on through a simple WhatsApp message Razorpay, India’s Omnichannel Payments Platform for Businesses, today launched RAY, an AI Account Manager on WhatsApp, in partnership with IndusInd Bank, with Bajaj Finance among the first businesses live on the pl... ... ...

BILL OF COASTAL GOODS Original [See regulation 2] Date of Presentation ........................ Consignor's Name ........................... Address ........................................ Name of vessel : Rotation No. Year : Port of Loading Master or Agent Colour Port at which goods to be discharged Packages (Details of goods to be given for each class of description). Number and Description (in words and figures). Marks and Numbers ... ... ...

The Bill of Entry for Ex-Bond Clearance prescribes import, goods classification, valuation, duty, warehouse, and declaration particulars for seeking permission to remove goods from a customs bonded warehouse. It requires disclosure of assessable value, customs duty, additional duty, IGST, cess, exemption claims, invoice value, freight, insurance, and related charges. Importers must affirm the correctness of import documents, disclose valuation-affecting payments, restrictions, price adjustments, related-party status, and relevant valuation review details. Preferential-duty claims require origin, trade agreement, certificate, and transport particulars.

Form-II prescribes the Bill of Entry for Warehousing used to seek permission to deposit imported goods in a public or private warehouse. It requires importer, customs broker, conveyance, bill of lading, origin, goods classification, quantity, valuation, duty, exemption, IGST, and total-duty particulars. Importers and customs brokers must certify the correctness of invoices and supporting records, disclose differing valuation information, and declare valuation-related restrictions, adjustments, additional payments, related-party status, and Special Valuation Branch examination status. Preferential-duty claims require origin, certificate, treaty, and transport details.

HON'BLE MR. JUSTICE SANJAY KISHAN KAUL AND HON'BLE MR. JUSTICE ABHAY S. OKA For the Appellant : Mr. Ranjit Kumar, Sr. Adv. Mr. A.S. Rawat, Sr. Adv. Mr. Nikhil Rohatgi, Adv. Mr. Ankit Shah, Adv. Mr. Sadashiv, AOR Mr. R. Basant, Sr. Adv. Mr. S.Udaya Kumar Sagar, AOR Ms. Sweena Nair, Adv. For the Respondent : Mr. Ranjit Kumar, Sr. Adv. Mr. A.S. Rawat,Sr. Adv. Mr. K.K. Tyagi, Adv. Mr. Manish Das, Adv. Mr. Ganesh Barowalia, Adv. Mr. Rajeev Kumar Bansal, AOR Mr. S.V. Raju, ASG Mr. Mukesh... ... ...

Form I for a Bill of Entry for Home Consumption requires importers to declare goods, tariff classification, assessable value, duty components, exemptions, invoice particulars, transport details, and supporting documents for customs assessment. Importers must confirm the accuracy of invoices and related records, disclose valuation-affecting restrictions, post-import price adjustments, additional payments, royalties, related-party relationships, and relevant Special Valuation Branch status. Preferential rate of duty claims require trade-agreement, certificate-of-origin, originating-criteria, accumulation, back-to-back certification, and transport details, together with an importer certification that goods qualify as originating goods.

Form III prescribes a boat-note for transhipment, reshipment and same-bottom cargo. It records issue, boat, tindel, vessel, cargo-report and transhipment particulars; package details; and same-bottom goods discharged overside or on the wharf. Cargo movement, receipt on board, and commencement and completion times require signatures of the proper officer and ship's officer, as applicable. The form is issued in duplicate with prescribed physical specifications.

Import cargo boat note in Form II records goods delivered to a cargo boat, barge or lighter for landing from a specified vessel. It captures the boat note and import particulars, vessel, berth and landing-place details, package quantity, description, marks, numbers and consignors' names. Signatures of the proper officer, ship's officer, shipper's representative and agent are required, with subsequent certification of landing or receipt by the mukadam and proper officer. The form is pink and issued in duplicate.

Boat Note for export cargo records delivery of goods to a cargo boat, barge or lighter for shipment on a specified vessel. It includes issue details, export and shipping bill particulars, vessel and berth information, package quantity, goods description, marks, consignee names, and signatures of the proper officer, ship's officer, shipper's representative and agent. Separate entries confirm shipment and receipt on board and record loading times. The form has prescribed green colour, dimensions, margins, perforation and column widths.

HON'BLE R.M. MEHTA, ACCOUNTANT MEMBER AND M.A.A. KHAN, JUDICIAL MEMBER ORDER M.A.A. KHAN, J.M. This is an appeal by the assessee from the order of CIT(A)-I, Baroda dated 28th July, 1588 upholding certain additions made to the returned income of the assessee by the ITO Cir. I-A, Baroda by his order dated 31st March, 1987. 2. The assessee is an individual deriving in come from business, house property and other sources. In his return of income for asst. yr. 1984-85, which is under cons... ... ...

AssetPlus has launched Portfolio Management Services for certified Mutual Fund Distributor partners to digitally onboard, track, manage and report PMS investments for eligible high-net-worth clients. PMS distribution requires NISM Series-XXI-A certification and operates within the APRN distributor-registration framework. PMS comprises individually managed portfolios run by SEBI-registered Portfolio Managers and held in clients' demat accounts. The minimum investment is Rs. 50 lakh, and offerings are governed by the SEBI (Portfolio Managers) Regulations, 2020. The platform provides daily reconciliation of holdings, performance and valuations.