CESTAT Ahmedabad held that deduction given in sales invoice being discount, even though under nomenclature of commission, cannot be treated as commission for the purpose of levy of Service Tax under ‘business Auxiliary Service’.
CESTAT Kolkata held that works contract service including sub-contracts related to Railway is exempted from service tax vide notification no. 25/2012-ST dated 20th June 2012.
Introduction: The Ministry of Corporate Affairs (MCA) has taken a significant step in the case of Mirage Finance Private Limited, opting to drop adjudication proceedings. This decision comes in response to the company’s actions to rectify their non-compliance with the Companies Act, particularly regarding unfiled balance sheets. In this article, we will explore the details of […]
IRDAI introduces the Bima Vahak Guidelines 2023 to establish a dedicated women-centric distribution channel, enhancing insurance accessibility and availability across India.
Read Rajasthan High Court’s judgment in Bhagwati Jewellers regarding release of seized gold bullion and goods by Enforcement Directorate
India’s DGFT introduces automatic Status Holder Certificate issuance for exporters. Explore the revised procedure eliminating the need for filing applications in this public notice.
Form 10B notified vide Notification No. 7/2023 dated 21st February 2023 is applicable from Assessment Year 2023-24 onwards i.e. for A.Y. 2023-24 and upcoming years. However, old Form 10B is also available on portal and is applicable till Assessment Year 2022-23 only.
Government of India’s DGFT introduces automated export certification with e-SHC. Learn about the new process, benefits, and exceptions in this trade notice.
An in-depth analysis of a disciplinary case involving Mr. Kamal Agarwal, an Insolvency Professional, and his rejection of claims, despite court rulings
n an effort to protect its domestic industry, India has decided to implement bilateral safeguard measures on imports of “Ferro Molybdenum” originating from the Republic of Korea. This move follows the recommendations made by the Directorate General of Trade Remedies (DGTR) under the India-Korea Comprehensive Economic Partnership Agreement (Bilateral Safeguard Measures) Rules, 2017. MINISTRY OF […]
