GST: Calcutta High Court Rules Polypropylene Leno Bags Are Plastic, Not Textile Products The Calcutta High Court has denied Mega Flex Plastics Limited’s prayer to classify polypropylene leno bags as “textile products” under tariff heading 6305 33 00. The appellant (Mega Flex Plastics Limited) is a manufacturer of polypropylene leno bags. During the personal hearing, it claimed…
HC Invalidates RBI Rejection of NBFC Exit Application J. Thomas Finance Pvt. Ltd., an NBFC, decided to call it quits in early 2025. Citing a lack of commercial viability and the heavy weight of regulatory compliance, they applied to voluntarily surrender their Certificate of Registration (CoR) to the RBI. However, the RBI rejected the application…
HC Quashes Rectification Order Passed Beyond Limitation; No Notice Issued The petitioner challenged an order dated 25.03.2022 passed by the Income Tax Officer under Section 154 read with Section 143(3) of the Income Tax Act, 1961. It was contended that the rectification order was passed without issuing prior notice as required under law and was…
HC Restores Gold Confiscation; High Purity and Concealment Prove Smuggling The case arose from an interception by Customs officials at Howrah Railway Station on 25 May 2018, where 1,999.90 grams of gold bullion were recovered from the possession of Shri Anil Kumar Gaur. The gold was concealed inside a specially stitched waist belt worn beneath…
Taxpayers Should Be Granted At Least 15 Days’ Time Limit to Respond to SCNs: HC The Calcutta High Court restored the application for the refund claim, holding that tax authorities should at least grant a minimum time limit of 15 days to reply to a show cause notice (SCN) under Rule 92(3) of the Central…
HC Allows Deduction of Penal Rent from Gratuity for Unauthorised Retention of Company Quarter The dispute arose after an employee of Eastern Coalfields Limited retired in June 2022 but continued to occupy the company-allotted residential quarter without vacating it. As per company policy and circulars issued by Coal India Limited, employees were required to vacate…
ITC Dispute: Calcutta HC Upholds SCN, Cancels Adjudication Order for Breach of Natural Justice The Calcutta High Court has announced its final decision on a writ petition filed by Jyoti Tar Products Private Limited and Others against the Deputy Commissioner, State Tax, Shibpur Charge, WBGST & Ors, challenging a show cause notice (SCN) dated June…
We use cookies to improve your experience on our site. By using our site, you consent to cookies.
Manage your cookie preferences below:
Essential cookies enable basic functions and are necessary for the proper function of the website.
These cookies are needed for adding comments on this website.
Statistics cookies collect information anonymously. This information helps us understand how visitors use our website.
Google Analytics is a powerful tool that tracks and analyzes website traffic for informed marketing decisions.
Service URL: policies.google.com (opens in a new window)
You can find more information in our Cookie Policy and Private: Privacy Policy for BizFlowKit.