Explore Section 15 of the CGST Act 2017, diving into the determination of the value of taxable supply for goods or services. Learn about transaction value, incidental expenses, taxes, and rules for valuation methods under CGST
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Appointment of Common Adjudicating Authority in respect of SCNs issued to M/s Shell India Markets Pvt. Ltd. vide Order No. 08/2023-Services Tax Dated: 9th May, 2023. F.No. CBIC-110267/42/2023-CX-VIII SECTION-CBEC Government of India Ministry of Finance Department of Revenue Central Board of Indirect Taxes and Customs CX & ST wing New Delhi Order No. 08/2023-Services Tax | […]
Import of cosmetic product in Bangladesh are regulated as per the Import Policy Order, 2015-18 (IPO). IPO is issued under provision of Imports and Exports (control) Act 1950
Supreme Court held that medicated talcum powder is not a medicinal preparation, drug or medicine, the same is classifiable in the category of cosmetics.
ITAT Chennai held that for invoking provisions of section 40A(2)(b), AO has to bring on record some comparable cases of similar nature to allege that hire charges paid by the assessee is unreasonable and excessive, when compared to market rates. In absence of the same, addition is unsustainable.
ITAT Delhi held that Article 265 of the Constitution mandates that no tax shall be levied or collected except by authority of law. If tax has been paid in excess, same has to be refunded to the assessee.
ITAT Delhi held that the proceeds of license of Build-Operate-Transfer (BOT) Projects is not taxable as rental income. The same is taxable as business income.
Chartered Accountants Intermediate Course Examination, (Group I), Paper – 4 (Taxation) scheduled to be held on 10th May, 2023 (Wednesday) in Jalandhar (Punjab) and Jharsuguda (Odisha) also stands re-scheduled and the examination in the said paper shall now be held on 20th May, 2023
CESTAT Delhi held that profit on ocean freight charges cannot be termed as consideration for service and hence service tax is not leviable on the same.
