The Directorate General of Foreign Trade (DGFT), under the Ministry of Commerce & Industry, has amended the import policy and policy conditions governing clear...
The Income Tax Department has launched a nationwide verification exercise into suspicious foreign remittances after its data analysis and ground intelligence identified several entities that allegedly remitted substantial amounts of foreign exchange abroad despite having limited or apparently inconsistent financial profiles.
The exercise, announced by...
The Jaipur Tax Bar Association (JTBA), in collaboration with the Goods and Services Tax Appellate Tribunal (GSTAT), Jaipur Bench, successfully organized a GSTAT Outreach...
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chennai has held that the arrangement under which aircraft were made available to its related concern amounted to taxable “Supply of Tangible Goods” (SOTG) service under the Finance Act, 1994, since possession and effective control...
