195 Lakh Metric Tonne Wheat procured so far during ongoing Rabi Market Season, surpassing procurement done in 2022-23.
India jumps 6 places to Rank 38 in World Bank’s Logistics Performance Index 2023
Cabinet approves the policy for Medical Devices sector.
Cabinet approves Policy for the Medical Devices Sector
Cabinet approves establishment of 157 new nursing colleges at a cost of INR 1,570 Cr. in co-location with existing medical colleges.
Arbitration agreement in an unstamped instrument which is liable to a stamp duty is not enforceable.
N.N.Global Mercantile (P.) Ltd. v. Indo Unique Flame Ltd. – [2023] 149 taxmann.com 435 (SC).
SEBI bars Stock Brokers/Clearing Members from creating bank guarantees out of client’s funds effective 1-5-2023. All such existing BG’s created out of client’s funds to be wound down by 30-9-2023.
Circular No. SEBI/HO/MIRSD/MIRSD-POD-1/P/CIR/2023/061, dated 25-4-2023.
Tax paid under protest during investigation being collected without authority of law is liable to be refunded.
Diwakar Enterprises (P.) Ltd. v. Commissioner of CGST – [2023] 149 taxmann.com 419 (Punjab & Haryana).
GSTN issues advisory informing that the functionality for bank account validation is now integrated into GST System.
GSTN Update dated 24-4-2023.
Statutory benefit of stay u/s 112(9) of CGST/Bihar GST Act, 2017 was not to be denied to petitioner due to non-constitution of GST Tribunal By Authorities themselves.
Bablu Kumar v. Union of India – [2023] 149 taxmann.com 362 (Patna).
Section 2(30) of CGST Act – Composite Supply – Combination of transactions consisting of supply of electricity for the purpose of recharging vehicles and provision of various services, such as technical support and IT application facilitating reservation of a connector as well as tracking payment history, is a composite supply of goods (electricity).
Dyrektor Krajowej Informacji Skarbowej v. Rzecznik Małych i Średnich Przedsiębiorców – [2023] 149 Taxmann.com 352 (ECJ).