Applicability of trade notice
This query is : Open
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 August 2012
What is binding nature of trade advices and trade notices issued by chief CCE or CCE?
16 August 2012
The Hon’ble Supreme Court in H.L. Dattu and Chandramauli Kr. Prasad, JJ. UNION OF INDIAVersusNITDIP TEXTILE PROCESSORS PVT. LTD.- 2011 (273) E.L.T. 321 (S.C.) held that Departmental instructions - Trade Notice - Issued by Revenue Department of any one State - It is binding on all other departments with equal force all over the country - Trade Notice guides traders and business community in relation to their business as how to regulate it in accordance with applicable laws or schemes - However, as such, it is not binding on Courts but certainly binding on assessee and they can contest it.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- TDS CREDIT MISMATCHING
- Buy back of shares u/s69
- Difference between Date of Payment and Date of Deduction?
- Unregistered suppliers utility
- Tax Audit Applicability – Newly Formed Partnership Firm with Profit Below 6%/8%
- GST Rate for Catering Services
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- ITR 4 and Bank transactions
- FCRA 6 E- Intimation
- ADDITION OF CHALLAN IN TDS RETURN FORM 140
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
- Sales of goods of amount Rs77 lakhs to a party
- Tax Demand of ₹4,650 for AY 2026-27
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
