Articles for Delayed Payment

Tax Monthly Digest: November 2024
3 weeks ago

Tax Monthly Digest: November 2024

Live Law  

SUPREME COURT DRI Officers Can Issue Show-Cause Notices Under Customs Act : Supreme Court Allows Review Against 'Canon India' Judgment Case Details : COMMISSIONER OF CUSTOMS vs. M/S CANON INDIA PRIVATE LIMITED Case no. A division bench of Justices Vibhu Bakhru and Swarana Kanta Sharma ruled, “Assessee's contention that E4e Healthcare is functionally dissimilar to the assessee and therefore, could …

Delhi Supreme Court Writ Petition Writ Jurisdiction Tax Court Uttar Pradesh
Transfer Certificate of child not a tool for schools to collect pending fees: Madras HC
5 months ago

Transfer Certificate of child not a tool for schools to collect pending fees: Madras HC

Hindustan Times  

Transfer Certificate of a child was not a tool for schools to collect pending fees but a personal document issued in the name of the former, and no entries regarding fees arrears should be made in them, the Madras High Court held on Friday. The HC directed the Tamil Nadu government to issue circular/instructions/orders to all the schools across the …

Children Tamil Nadu Fees State Act Bench Tuition Fee
Kerala High Court Monthly Digest: March 2024 [Citations: 146-210]
8 months, 3 weeks ago

Kerala High Court Monthly Digest: March 2024 [Citations: 146-210]

Live Law  

Nominal Index Ahammedkutty Bran v Sukumaran 2024 LiveLaw 146 B. v State of Kerala 2024 LiveLaw 147 Manuja Mythri v Advocate T K Ajan 2024 LiveLaw 148 Dr.Navaneeth K.Unni v State Represented By Public Prosecutor 2024 LiveLaw 149 State of Kerala v. Kuniyil Shanoob and ors 2024 LiveLaw 150 Manoj v. State of Kerala 2024 LiveLaw 151 Firos C.A. Kerala …

Finance Justice Supreme Court High Court Court University Chief Justice
When Parties Agree For No Interest Payable Till Arbitral Award Is Made, Arbitrator Bound By This Agreement: Delhi High Court
9 months, 1 week ago

When Parties Agree For No Interest Payable Till Arbitral Award Is Made, Arbitrator Bound By This Agreement: Delhi High Court

Live Law  

The Delhi High Court single bench of Justice Prateek Jalan held that when parties agree that no interest shall be payable, the Arbitral Tribunal is bound by that agreement. Brief Facts: The Petitioner challenged an Arbitral Award, specifically contesting the portion wherein the Arbitrator granted interest on the Respondent's recovery claim against outstanding bills. The Arbitrator in that case awarded …

Contract Court Interest Payment Held High Respondent
HC orders CIDCO to hand over Sanpada plots to Godrej Properties, Shelton Infra
9 months, 4 weeks ago

HC orders CIDCO to hand over Sanpada plots to Godrej Properties, Shelton Infra

Hindustan Times  

MUMBAI: The Bombay High Court recently nullified CIDCO’s orders cancelling the allotment of four plots in the Sanpada node to Godrej Properties Ltd and Shelton Infrastructure Pvt Ltd. Subsequently, the companies and other successful bidders moved to the high court after learning about restrictions imposed by the Navi Mumbai Municipal Corporation on the development of the plots leased out by …

Court High Godrej Properties Plots Sanpada Delayed Payment Charges Orders Cidco
MSMED Act 2006 Overrides Arbitration And Conciliation Act 1996 And Any Agreement Entered Into Between Parties: Allahabad HC
1 year ago

MSMED Act 2006 Overrides Arbitration And Conciliation Act 1996 And Any Agreement Entered Into Between Parties: Allahabad HC

Live Law  

The Allahabad High Court on Tuesday held that the provision of Micro, Small and Medium Enterprises Development Act, 2006 have an overriding effect on the Arbitration and Conciliation Act 1996 and any agreement entered into between parties. Relying on the decision of the Supreme Court in M/s Silpi Industries vs. Kerala State Road Transport Corporation, the bench comprising of Justice …

Arbitration Court Parties Conciliation Agreement Held Kanpur
Chatroom: 'Interest can be claimed on delayed payment of drawback'
1 year, 5 months ago

Chatroom: 'Interest can be claimed on delayed payment of drawback'

Business Standard  

The Principal Commissioner recently disposed of our Revision Application, filed under Section 129DD of the Customs Act, in our favour. In accordance with Para 5 of notification no.76/2021-Cus dated September 23, 2021, the exporter must, in case of a shortfall in realisation of export credits, repay the amount of duty credit, along with interest, at the rate as fixed under …

Customs Duty Interest Export Act Gst Igst
Interest On Delayed Service Tax Refund Payable On Expiry Of 3 Months From Application: CESTAT
1 year, 6 months ago

Interest On Delayed Service Tax Refund Payable On Expiry Of 3 Months From Application: CESTAT

Live Law  

The Chandigarh Bench of the Customs, Excise, and Service Tax Appellate Tribunal has held that interest on delayed service tax refunds is payable on the expiration of 3 months from the date of application.The bench of S. S. Garg has observed that under Section 11BB of the Act, interest is payable after the expiration of 3 months from the date …

Interest Tribunal Date Delayed Months Claim Stat
Service Matters: Compilation Of High Court Judgments In 2022 [Part I]
1 year, 11 months ago

Service Matters: Compilation Of High Court Judgments In 2022 [Part I]

Live Law  

LiveLaw reported almost 7,000 orders and judgments in 2022 from various High Courts across the country. NEET-PG| Service In Specialized Units Doesn't Amount To Serving In Rural/ Difficult Area To Qualify For 40% In-Service Quota Case Title: Tania Mukherjee & Ors v. State of West Bengal & Ors Case Citation: 2022 LiveLaw 36 The Calcutta High Court observed that service …

India Justice Disciplinary Proceedings High Court Matters Board Court
Financial Benefits To Assessee Can't Be A Ground To Levy Interest Without A Statutory Provision: Bombay High Court
2 years, 2 months ago

Financial Benefits To Assessee Can't Be A Ground To Levy Interest Without A Statutory Provision: Bombay High Court

Live Law  

The Bombay High Court has ruled that penalty or interest on additional customs duty and special additional duty of customs, or surcharge, which is not connected to the basic customs duty, cannot be imposed in the absence of an explicit substantive provision. It argued that the Finance Act, 2000 and the Customs Tariff Act, 1975 do not borrow the provisions …

Court Bombay High Court Penalty Order Customs Act Interest Commission
Calcutta High Court Weekly Round Up: May 30 To June 5, 2022
2 years, 6 months ago

Calcutta High Court Weekly Round Up: May 30 To June 5, 2022

Live Law  

Nominal Index Sri Anish Loharuka v. The State of West Bengal 2022 LiveLaw 216 Hafija Laskar v. The State of West Bengal and others 2022 LiveLaw 217 Susmita Saha Dutta v. Avishek Bandyopadhyay 2022 LiveLaw 218 Yes Bank Limited v. Malati Saha 2022 LiveLaw 219 Sulogna Chowdhury v. State of West Bengal & Ors 2022 LiveLaw 220 Pranesh Kumar Kar …

Justice Court West Bengal State Calcutta High Cal
No Excuse For Not Paying GST In Time From Its Electronic Cash Register: Madras High Court Upholds Interest Demand
2 years, 7 months ago

No Excuse For Not Paying GST In Time From Its Electronic Cash Register: Madras High Court Upholds Interest Demand

Live Law  

The Madras High Court bench of Justice C. Saravanan held that the taxpayer is liable to pay interest if there is a belated payment of tax declared in the returns filed. The question was whether the recovery under the proposed notice pursuant to an earlier order of the Court would fall under the purview of Section 50 of the CGST …

Tax Court Pay Interest Gst Petitioner 2017
Gujarat High Court Monthly Digest: April 2022 [Citations 102-143]
2 years, 7 months ago

Gujarat High Court Monthly Digest: April 2022 [Citations 102-143]

Live Law  

Nominal Index Bahdurbhai Devarabhai Khavad Versus Dy. Meer Taj Mohammed v. State Of Gujarat 1 other 2022 LiveLaw 140 Kamlesh @ Rinku Mohanlal Upadhyay Versus State Of Gujarat 2022 LiveLaw 141 Ashvinkumar Ramniklal Jani Versus State Of Gujarat 2022 LiveLaw 142 Bhupatbhai Pujabhai Bhoi Versus Hiraben Wo Somaji Bhoi & 2 Other 2022 LiveLaw 143 Judgments/Orders of the Month Gujarat …

Court Gujarat Title Pensionary Benefits Illegal Mining Sub Registrar Tribunal
Monthly Digest Of Tax Cases- April 2022
2 years, 7 months ago

Monthly Digest Of Tax Cases- April 2022

Live Law  

Indirect Taxes Supreme Court 1.Plea In Supreme Court Challenges The Constitutional Validity Of Levy Of GST On Lease/ Rent Payments Case Title: Myrayash Hotels Pvt. 2.Show Cause Notice Completely Deficient In Material Particulars: Delhi High Court Quashes GST Registration Cancellation Order Case Title: Fada Trading Private Limited Versus Commissioner Goods and Service Tax Citation: 2022 LiveLaw 328 The Delhi High …

India Karnataka Justice Delhi Mumbai Supreme Court High Court
GST Payable On Value Of Supply Which Includes Interest For Delayed Payment: AAR
2 years, 8 months ago

GST Payable On Value Of Supply Which Includes Interest For Delayed Payment: AAR

Live Law  

The Telangana Authority of Advance Ruling bench of members S.V. Kasi Visweswara Rao and B. Raghu Kiranhas ruled that the Goods and Service Tax is payable on the value of supply, which includes interest, late fee, or penalty for delayed payment. The applicant, M/s.Hyderabad Metropolitan Water Supply and Sewerage Board, is a local authority which has been making payments to …

Supply Interest Payment Delayed Gst Delayed Payment
Payment Of Equated Yearly Instalments And Interest On Delayed Payment Is Exigible To GST: Telangana AAR
2 years, 8 months ago

Payment Of Equated Yearly Instalments And Interest On Delayed Payment Is Exigible To GST: Telangana AAR

Live Law  

The Telangana Bench of Authority for Advance Ruling, consisting of members B. Raghu Kiran and S.V. Kasi Visweswara Rao, has ruled that payment of Equated Yearly Instalments made under Annuities Model, including interest on delayed payments made to a contractor, is exigible to GST. Hyderabad Metropolitan Water Supply and Sewerage Board filed an application before the Telangana Authority for Advance …

Applicant Interest Payment Gst Aar Delayed Payment Equated Yearly Instalment
Gratuity : 6% Or 10% Interest For Delayed Payment Of Gratuity? Supreme Court To Consider
2 years, 8 months ago

Gratuity : 6% Or 10% Interest For Delayed Payment Of Gratuity? Supreme Court To Consider

Live Law  

The Supreme Court has issued notice on a petition filed challenging the order passed by the Orissa High Court upholding the reduction in interest on delayed payment of gratuity amount from 10% to 6% based on provisions of Interest Act instead of the Payment of Gratuity Act.A Bench comprising Justice DY Chandrachud and Justice Surya Kant has issued notice returnable …

Supreme Court Court Gratuity Order Port Interest Payment
Delhi High Court Seeks Response From MSME Facilitation Councils Alleged To Be Defunct
3 years, 6 months ago

Delhi High Court Seeks Response From MSME Facilitation Councils Alleged To Be Defunct

Live Law  

The Delhi High Court has sought response from the MSME Facilitation Council over inordinate delay in dealing with the applications filed before it for delayed payment and the time frame proposed to dispose of the pending applications. However, due to overburdening of Council with Applications, it is currently processing Applications for delayed payments filed five years ago, i.e., in 2017-2018. …

Delhi Court Applications State Act Filed Msme
Delayed GST Payment: Interest to Be Charged on Net Tax Liability from Sept 1, Says Govt
4 years, 3 months ago

Delayed GST Payment: Interest to Be Charged on Net Tax Liability from Sept 1, Says Govt

News 18  

The government has said that interest on delayed payment of goods and services tax will be charged on net tax liability with effect from September 1. The GST Council, comprising centre and state finance ministers, in its 39th meeting in March had decided that interest for delay in payment of GST will be charged on net tax liability with effect …

Delayed Net Gst Council Cbic Tax Liability Delayed Payment Gross Tax