By Amitabh Kant In the Essar Steel matter before it, the National Company Law Appellate Tribunal (NCLAT) has stalled the resolution process, directing all concerned entities to abstain
Day: May 28, 2018
DRI: DRI slaps IGST notice on erring exporters – The Economic Times–28.05.2018
By Sachin Dave & Muskaan Sofet The Directorate of Revenue Intelligence (DRI), primary anti-smuggling intelligence agency, is issuing show-cause notices to exporters for wrongfully availing exemptions in
Has GST hit states growth? Here’s the truth – The Financial Express–28.05.2018
A cursory look at their past performance will reveal that most states had previously registered growth rates much lower than 14% from the taxes that
GST to be levied on goods stored in customs warehouse only on final clearance: CBIC – The Financial Express–28.05.2018
The circular said that integrated tax shall be levied and collected at the time of final clearance of the warehoused goods for home consumption, which
Binani Insolvency: Dalmia moves SC again on UltraTech’s eligibility to bid | Business Standard News–28.05.2018
Just ahead of the scheduled meeting of the Committee of Creditors (CoC) of Binani Cement, which is undergoing bankruptcy proceedings, the Dalmia Bharat Cement-led consortium has moved Supreme Court for the
After 11 months of inception, SEZ Rules yet not aligned with GST laws | Business Standard News–28.05.2018
It is almost 11 months since the Goods and Services Tax (GST) came into being. Yet, the necessary consequential changes have not been made in the Special Economic
RBI’s efforts may not be enough | Business Standard Column–28.05.2018
The next Reserve Bank of India (RBI) Monetary Policy Review in early June will be watched with keen interest. Inflation is rising, fourth quarter (Q4) results are
How Modi govt can stabilise GST regime and improve the direct tax system | Business Standard Column–28.05.2018
Pratik P Jain radical tax reform post-independence, is still stabilising, which is not unexpected given the magnitude of changes that it brought about. The primary
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