"07 May 2018" Archive - Page 2

Punjab Professional Tax, Punjab New Tax, Punjab State Development Tax

THE PUNJAB STATE DEVELOPMENT TAX ACT, 2018 Date of  Notification in the Official Gazette of Punjab Government : 19.04.2018 Date of received the assent of the Governor of Punjab: 16.04.2018 Official Website to Download the Act :  http://www.punjab.gov.in/ under the heading Acts, Rules and Notifications NOTE: This Act is applicable from t...

Read More

Prior to 01.04.2011 CENVAT credit eligible on insurance premium in respect of dependent/family members of employees

M/s. BPL Telecom Pvt. Ltd Vs Commissioner of Central Excise (CESTAT Bangalore)

Briefly the facts of the present case are that the appellants are manufacturers of different models of EPABX. They are availing CENVAT Credit on certain inputs and input services as per CENVAT Credit Rules (CCR), 2004....

Read More

Companies (Share Capital and Debentures) Second Amendment Rules, 2018

G.S.R. 434(E) (07/05/2018)

In the Companies (Share Capital and Debentures) Rules, 2014, in the principal rules, in rule 8, in sub-rule (1), in the Explanation, in clause (i) in sub-clause (a), the words for at least last one year shall be omitted....

Read More

Allegation of clandestine cannot be made merely on the basis of Shortages noticed during Stock Verification

M/s G.P. Ispat Pvt. Limited Vs CCE&ST ( CESTAT Delhi)

M/s G.P. Ispat Pvt. Limited Vs CCE&ST ( CESTAT Delhi) We are lead to the conclusion that in the case of the appellant, the demand of Central Excise duty cannot be upheld, since the allegation of clandestine removal has been made only on the basis of alleged shortages noticed during stock verification. In the absence […]...

Read More

Manual Order Upload functionality in ITBA Assessment Module -Regarding

ITBA- ASSESSMENT INSTRUCTION NO. 9 (07/05/2018)

ITBA is designed as a comprehensive platform in which all the processes of Department can be completed online in the System. For performing any action on any proceeding in system, a key pre-requisite that the base order of the proceeding should exist in the system....

Read More

In absence of online database access no Service Tax under the head OIDAR Services

M/s Ipca Laboratories Ltd. Vs Commissioner of CE & ST (CESTAT Mumbai)

It has been argued that they are using service of M/s Dialogue Corporation, USA for the purpose of data storage. It has been argued that the said service provider does not provide online services and there is no online service provider. In absence of online database access, no Service Tax can be demanded under the head of Online Database ...

Read More

Purchase of immovable property outside India by Resident & NRI Individuals

(Updated as on May 07, 2018) Part I. Purchase of immovable property outside India by Resident Individuals These FAQs attempt to put in place the common queries that users have on the subject in easy to understand language. However, for conducting a transaction, the Foreign Exchange Management Act, 1999 (FEMA) and the regulations made or [...

Read More

No service tax on services provided as secondary service providers for shipping lines

M/s. Indo Lloyd Freight Systems Pvt. Ltd. Vs Commissioner of Service Tax (CESTAT Chennai)

M/s. Indo Lloyd Freight Systems Pvt. Ltd. Vs Commissioner of Service Tax (CESTAT Chennai) As regards Brokerage commission of paid for booking of the export cargo, it is seen that the agents of shipping lines normally book the export cargo. The appellants actually get brokerage or commission for getting orders for the export of cargo. [&he...

Read More

Eligibility of Permanently Disabled Unmarried Son of a CGHS Beneficiary

No. 4-24/96-C&P/CGHS (P)/EHS (07/05/2018)

An unmarried son of a CGHS beneficiary suffering from any permanent disability of any kind (physical or mental) will be entitled to CGHS facility even after attaining the age of 25 years....

Read More

Tribunal cannot modify Limitation laid down in Statute or Notification for Claiming Refund

M/s MMTC Limited Vs Commissioner of Central Excise (CESTAT Hyderabad)

The appellant is registered with Service Tax Department for rendering Business Auxiliary Services. They filed a refund claim of service tax paid on various services provided by their service providers for export of Indian milling wheat during the months of October, 2012 to December, 2012 in terms of Notification No. 41/2012- ST dated 29....

Read More