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TAXATION OF OCEAN FREIGHT
First, let us understand “what is ocean freight”? Ocean freight refers to the transportation of goods by sea from one port to another. It is commonly used for international trade, allowing goods to be transported between countries and continents. The process of ocean freight involves
Major Improvements Unveiled in GSTR-9 for the Fiscal Year 2022-23!
Exciting updates await in G9 for the fiscal year 2022-23, aiming to streamline and improve the GST filing process for increased efficiency. Here’s a snapshot of the key modifications: Negative Values in Table 17 & Table 18: Taxpayers can now report negative values in Table
Supreme Court has raised concerns about the Tamil Nadu Governor’s delay in approving bills and processing files.
On November 10, the Supreme Court expressed apprehension regarding the Tamil Nadu Governor RN Ravi’s delay in addressing numerous bills passed by the legislature and files submitted by the State Government. The State Government informed the bench that despite being submitted for assent between January
Tender for the Implementation of Spraying and Fogging Utilizing Falsified Chartered Accountant Certification
The petitioner, a proprietary firm, has invoked the jurisdiction under Article 226 of the Constitution of India. The prayer is to issue a writ of certiorari or any other appropriate writ to annul and set aside the order dated 7th February 2023. The challenge pertains
GST ACTION POINTS FOR NOV 2023 RETURNS
GSTR 1 1. Sec 37(3) permits to report/correct any error or omission by 30th Nov. 2. Recommended to keep the compliance date as 11th Nov and not 30th Nov since the values reported after 11th would get reflected in 2B of the Next period it
Authorization for search will be general and not the every item
The public_profile can be reached at shaifaly.ca@gmail.com Cases Covered: VELAYUDHAN GOLD LLP Vs INTELLIGENCE OFFICER Facts of the cases: Intelligence Officer, Intelligence Unit of the State Goods and Services Tax Department Kerala, Kottarakkara, conducted a search at the business premises of M/s Sobhana Jewellery, Main
Amendment of GSTIN in the Bill of Entry Post Out of Charge (OOC) Status
On November 7, 2023, the Directorate General of Systems and Data Management, Central Board of Indirect Taxes and Customs (CBIC), issued Advisory No. 27/2023. This advisory introduces a significant change: customs officers now have the authority to modify the GSTIN for a Bill of Entry
More than 115 million PAN cards have been rendered inactive due to the failure to meet the Aadhaar-linking deadline,
The process of linking Aadhaar with PAN cards is now automated for new PAN card applicants during the initial application phase. It is obligatory for individuals who received their PAN on or before July 1, 2017, to link their PAN with Aadhaar. According to a
Supreme Court Sets Out Framework for High Courts to Supervise Expedient Resolution of Cases Involving MPs/MLAs
Simultaneously, the bench has issued the subsequent comprehensive directives for overseeing the expeditious resolution of pending cases: Chief Justices of High Courts shall initiate the registration of a suo motu case titled “In Re Designated Courts for MPs/MLAs” to oversee the prompt resolution of pending
245 petitions disposed of for time barred appeals by Orrissa High court
Orissa HC takes note of the recent notification no.53/2023- Central Tax ( ‘ Amnesty Scheme’ for the time barred appeals) and sets aside the orders under challenge in a batch of writ petiitions, remanding the cases back to the commissioner ( appeals) for denovo consideration.
Supreme Court Validates IBC Provisions for Personal Guarantors, Rejects Interpretation of Adjudicatory Role in Section 97
In a landmark ruling, the Supreme Court, on Thursday, November 9, affirmed the constitutionality of the Insolvency and Bankruptcy Code (IBC) provisions pertaining to the Insolvency Resolution of Personal Guarantors, which were introduced through amendments in 2019. The Court’s judgment maintains that these provisions (Section
Supreme Court is contesting a High Court ruling that declined to establish a specific timeframe for the Governor’s approval of bills.
The Kerala Government has taken its case to the Supreme Court, challenging a High Court judgment that dismissed a Public Interest Litigation (PIL) brought by a lawyer. This PIL contested the actions of the Governor of Kerala, Arif Mohammed Khan, who was withholding bills passed



