Day: December 8, 2015
32 articlesExcise Duty
Excise Duty
Cenvat credit on input services availed prior to initiation of manufacturing activity is admissible
Custom Duty
Custom Duty
Provisions of interest on belated refund U/s. 27A of Customs Act also applies on belated refund of SAD
Custom Duty
Custom Duty
Assessable value would be transaction value where it isn’t influenced by relationship between buyer and seller
Custom Duty
Custom Duty
If purchase price fixed in first contract subsequently gets revised prior to importation of goods, then Customs duty would be payable on revised price
Goods and Services Tax
Goods and Services Tax
Purchasing dealer need not reverse tax credit unless selling dealer issues credit note for post sales discount and revises his tax liability
Goods and Services Tax
Goods and Services Tax
Contract for Supplying Smart card with embedded requisite information is contact for labour and service and not for sale
Service Tax
Service Tax
Cenvat credit of Service tax on Group Insurance premium and mediclaim for existing/retired employees allowable
Service Tax
Service Tax
Cenvat credit admissible despite non-registration with Service Tax Department at the time of availing input services
Income Tax
Income Tax
Furnishing return of income is not mandatory for claiming exemption u/s 10(23C)(iiiad) if gross receipts less than 1 crore
Income Tax
Income Tax
Intimation u/s 143(1) is not an assessment, AO authorized to make reassessment u/s 147 subsequently: SC
Company Law
Company Law
Section 174 of Companies Act 2013- Quorum For Board Meeting
Excise Duty
Excise Duty
Authorising Commissioner to defend UoI and others in matters of indirect taxation before High Court
Income Tax
Income Tax
Addition cannot be justified u/s 68 merely because creditors were not produced before AO
DGFT
DGFT
