SC orders that for claiming Input Tax Credit, genuineness of the transaction and actual physical movement of the goods has to be proved by the dealer

For claiming ITC, genuineness of the transaction and actual physical movement of the goods are the sine qua non and the aforesaid can be proved only by furnishing the name and address of the selling dealer, details of the vehicle which has delivered the goods, payment of freight charges, acknowledgement of taking delivery of goods, tax invoices and payment particulars etc.

Central Warehousing Corporation (Amendment) Rules, 2023

As per the amendment rules, the Board shall cause the financial statements of the Corporation to be balanced on 31st March in each year and such financial statements shall be prepared in the manner specified under the Companies Act, 2013.

PCI declares Approved Courses of Study and Examinations

These declarations are based on the resolutions passed in the 115th Central Council meeting of the Pharmacy Council of India held on 9th May,2022 and 10th May, 2022 at Mysuru and the emergency special 116th Central Council meeting of the Pharmacy Council of India held on 29th July, 2022.

Vadodara airport notified as a Customs airports

The notification No. 61/94-Customs (N.T.) dated the 21st November, 1994 is amended to clarify that Vadodara airport is notified as Customs airports for the purpose of Unloading of baggage and loading of baggage.