Detailed analysis of CENVAT credit eligibility for electricity transferred to sister unit free of cost. Learn from the CESTAT Mumbai order on Finolex Industries Ltd vs. Commissioner.
CESTAT Mumbai’s order exempts Bigtree Entertainment Pvt. Ltd. from service tax, citing no consideration from card companies for online ticketing platform under BookMyShow.
Madras High Court demands reply within 4 weeks on GST liability intimation for seigniorage fee. Analysis of judgment and implications.
Operational Creditor cannot be paid through partly paid ‘Redeemable Preference Shares’ as the distribution of the amount to the Operational Creditor (other than Government Departments) was clearly contrary to provisions of Section 30 (2)(b)(ii).
Learn about the exemption from penalties for late financial return submissions within 30 days from the date of AGM, as per the recent order by the Registrar of Companies.
Read the full judgment where Madras High Court sets aside GST assessment orders due to denial of personal hearing, granting relief to Prosign Communications.
Madras High Court disposes WP challenging interest & penalty. Despite GST discharge, 100% penalty imposed. Detailed analysis & conclusion provided.
Delve into the origins and implications of Goods and Services Tax (GST) in India, its benefits, constitutional provisions, and operational mechanisms.
Explore the Customs Authoritys detailed order on the classification of Bronze Cladding Panels (BCP) imported by Larsen & Toubro Limited (CAAR Mumbai).
Explore adjudication order No. ROC(M)/ATCL/Sr. No. 7/ADJ-ORDER/690-692 issued on 25 APR 2024, penalizing ALORA TRADING CO LTD for violating Section 92 of Companies Act, 2013.