Assessee is legally entitled for cash refund of accumulated & unutilized Cenvat credit of Education & Secondary and Higher Education Cess as per Rule 3 of Cenvat Credit Rules, 2004
The petitioner was engaged in the business of trading in coal. The department issued summons for recording of statement and production of sales and purchase registers. The director of petitioner was unable to attend and requested for adjournment.
BIS has made available the list of BIS licensees of domestic manufacturers and foreign suppliers of toys as per their Website and Mobile App.
Madras High Court Rules in Favor of Apartment Owners in Common Area Dispute: a legal battle in Chennai, India highlights the importance of transparency & fairness in ownership calculation & sharing of common areas & amenities.
Get to know how Budget 2023 will affect Indian startups and angel tax. Learn about the Government’s initiatives to promote the startup eco-system and tax incentives in this blog post
Finance Bill- 2023 changes to the GST laws & Composition Scheme for E-commerce. Get a brief overview with Input Tax Credit conditions.
Issuance of credit note in terms of GST law is responsibility of supplier. Burden of charging, collecting and discharging GST liability is on supplier of goods or services.
Karnataka High Court held that in absence of any willful default on the part of the company, authorized signatory (vice-president) cannot be hauled into the web of crime for an offence under section 409 of the IPC.
Orissa High Court held that assessee has discharged its initial burden of showing that the transaction was only a branch transfer, whereas, the Department has been unable to prove the transaction was not merely a branch transfer but was a movement of goods by way of interstate sale. Accordingly, Central Sales Tax not leviable.
Jharkhand High Court held that as per Explanation-III to section 2(xlviii) of JVAT Act sale price shall not include cost for transport of goods from seller to buyer provided such cost is separately charged to buyer.
