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Archive: 08 March 2023

Posts in 08 March 2023

Builder entitled to service tax credit/refund on cancellation of bookings

March 8, 2023 1965 Views 0 comment Print

Ratnawat Infra Construction Company LLP Vs Commissioner, Central Excise & CGST (CESTAT Delhi) Situation which arises in this particular type of business of developing real estate, the CBIC have considered and have clarified that the developer/builder is entitled to service tax credit on cancellation of bookings, wherein the builder have refunded the amount of booking […]

No service tax on Road Construction Services to Government

March 8, 2023 4551 Views 0 comment Print

Apollo Construction Projects’ service tax dispute with ONGC, GWSSB, and AUDA. CESTAT Ahmedabad sets aside tax demand on road construction services provided to GWSSB and AUDA.

Operational Guidance – Amendment to SEBI Buy-back Regulations

March 8, 2023 2472 Views 0 comment Print

As per Clause (vi) of Regulation 16 of the Buy-back Regulations, the buy-back through stock exchanges shall be subject to the restrictions on placement of bids, price and volume, as specified by SEBI.

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