HC held that, demand of interest and penalty is not tenable when credit erroneously availed is reversed and such credit is not utilized
Explore the CESTAT Kolkata order in Piyush Sharma vs. Commissioner of CGST & CX. Detailed analysis on service tax demand, valuation rules, and key takeaways.
Jharkhand High Court in the case of Aditya Medisales Ltd. v. State of Jharkhand allowed writ application for disapproving recovery notice. Transitional Credit cannot be disallowed just by a summary of Show Cause Notice.
Dive into the legal battle over corporate guarantees’ taxability as Business Auxiliary Service. Explore the CESTAT’s decision, the Revenue Department’s stance, and the ongoing Supreme Court appeal.
CESTAT Bangalore’s ruling in case of Rafeek K.T. v. Commissioner of Customs, emphasizing need for substantial evidence to impose penalties for abetting illegal imports.
Punjab & Haryana High Court has granted an interim stay on the GST demand pertaining to salaries paid to seconded employees in Indian currency.
Services in the Form of Receipt of Patent Registered Outside India not liable to Service Tax – CESTAT, Ahmedabad. Intas Pharmaceuticals Ltd. entered into a Technology Transfer and Licensing Agreement with Swiss company for development and commercialization of recombinant human erythropoietin. Technology Know-how Transfer Agreement with UK’s Biocam Ltd.
Calcutta High Court held that assessee not liable to suffer due to fraudulent & negligent conduct of CA. Case of Jayshree Bhardwah v. Deputy Commissioner of Revenue W.B. State Tax & Ors.
Madras HC rules on GST for flavoured milk in Parle Agro case. Key verdict on classification; implications for businesses.
SC reinforces Insolvency and Bankruptcy Code’s priority mechanism for CBIC, Department of Revenue dues. Key insights from Principal Commissioner of Customs Vs Rajendra Prasad Tak case.
