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Archive: 15 December 2020

Posts in 15 December 2020

No ruling on HSN classification of Tyre Pyrolysis Oil due to non-submission of full details

December 15, 2020 5439 Views 0 comment Print

Tyre is made out of 30% to 35% Carbon, 35% to 40 % rubber and 10% to 15% steel. Once the tyres are removed from the car it becomes a waste. This waste is recycled by the applicant and the rubber component of the tyres is converted into oil which can be used for heating purposes and can be called as pyrolysis oil.

Are you a CA Aspirant waiting for results? Here are some tips on how to use this time as an opportunity!

December 15, 2020 3468 Views 2 comments Print

Time is the most precious resource which we all have. But what matters is how effectively we use it. As the CA exams are over, some of those who gave both groups or only single group is pending and have appeared for the same and eagerly waiting for their results are free from studies now. […]

Trademark Valuation And Taxation

December 15, 2020 12696 Views 1 comment Print

Trademark is defined as a mark (may include symbols, colour, shape, packaging of goods, etc.) that encompasses the capability to geographically represent and distinguish the goods or services of one party from other parties.It is a set of rights that enables the use of such marks by the owner to the exclusion of other parties. […]

Anti-dumping duty on imports of Dimethylacetamide-Reg.

December 15, 2020 432 Views 0 comment Print

Seeks to amend notification No. 12/2018-Customs (ADD) dated 20th March, 2018 imposing anti-dumping duty on imports of Dimethylacetamide originated in or exported from China PR and Turkey, to exclude goods of certain specification from the product under consideration. MINISTRY OF FINANCE (Department of Revenue) New Delhi, the 15th December, 2020 Notification No. 47/2020 -Customs (ADD) […]

Online Fantasy Sports Platforms – The Skill vs. Chance Debate

December 15, 2020 2076 Views 0 comment Print

As the IPL fever weathers off and the international cricketing season begins, fans of the gentlemen’s game are all ready to hop on to their phones again and make their own virtual teams and compete with million others. Somehow, that statement doesn’t seem absurd. With Dream 11 having sponsored the biggest cricket league in the […]

Laying of paver blocks not amount to works contract service for construction of immovable property

December 15, 2020 2475 Views 0 comment Print

In re M/s. Sundharams Private Limited (AAR Maharashtra) Laying of the paver blocks cannot amount to works contract service for construction of the immovable property under section 17(5)(c) of CGST Act since, the expression “construction” for the purpose of section 17(5)(c) and 17(5)(d) includes reconstruction, renovation, addition or alteration or repairs to the extent of […]

GST on supply of Manpower to Municipal Corporation

December 15, 2020 14274 Views 0 comment Print

In re Work Group Sushikshit Berojgar Nagrik Sewa Sahkari Sanstha Maryadit Amravati (GST AAR Maharashtra) Clause (q) of the 12th Schedule mentioned above, mandates Municipal Corporations to provide Public amenities including street lighting, parking lots, bus stops and public conveniences. Applicant is providing manpower to the Amravati Municipal Corporation for collecting vehicle parking Charges in […]

No GST on Printing of exam question papers, OMR sheets, Answer booklets for educational boards

December 15, 2020 2964 Views 0 comment Print

In re Hitech Print Systems Limited (GST AAR Andhra Pradesh) Question: Printing of Pre examination items like question papers, OMR sheets (Optical Mark Reading), Answer booklets for conducting of an examination by the educational boards be treated as exempted supply of service in terms of Serial Number 66 of notification of No. 12/2017-CGST [Rate] dated […]

ITC allowed wef 01.02.2019 on leasing, renting or hiring of motor vehicles, for transportation of persons

December 15, 2020 13059 Views 0 comment Print

In re Tata Motors Limited (GST AAR Maharashtra) Section 17(5) had clearly debarred Input Tax Credit on motor vehicles or conveyances used in transport of passengers till the date of the amendment i.e. 01.02.2019. However with effect from 01.02.2019, Input Tax Credit has been allowed on leasing, renting or hiring of motor vehicles, for transportation […]

Draft Aircraft (Investigation of Accident and Incident) Amendment Rules, 2020

December 15, 2020 378 Views 0 comment Print

Draft Rules- 1. (1) These rules may be called the Aircraft (Investigation of Accident and Incident) Amendment Rules, 2020. (2) They shall come into force on the date of their final publication in the Official Gazette.

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