CESTAT Ahmedabad rules against the demand of Cenvat credit on capital goods, citing the absence of suppression of facts. Full analysis and implications in this legal case.
Explore the latest changes in Customs Act with Notification No. 88/2023-Customs (N.T.) dated 29th November, 2023. Key amendments, effective date, and impact discussed
Read about the latest decision by IFSCA in collaboration with RBI, allocating IFSC codes to IBUs. Learn the procedure, conditions, and implications for cross-border remittances
Expenditure incurred by assessee for conducting due diligence of a company which was eventually acquired by company is allowable as revenue expenditure
Explore case of Paras Founders & Engineers vs. C.C.E. – a dispute regarding excise duty & SSI exemption oversight. Read the analysis, background, legal precedents & CESTAT’s decision.
In case of Channel Management and Marketing vs. Commissioner of Central Excise, CESTAT Chandigarh asserts that extended period cannot be invoked as principal paid service tax on behalf of agent.
Sanghi Industries Ltd Vs C.C. (CESTAT Ahmedabad): Demurrage charges not includable in custom valuation of imported goods for purpose of charging custom duty.
Dilipkumar Jashbai Patel Vs ACIT (ITAT Ahmedabad)- Section 144C(3) r.w.s. 144C(4) Mandate AO to Conclude Assessment within One Month if Assessee Accepts Draft Order or Fails to File Objection
Dive into the Commissioner of Customs vs. Kitex Garments case at CESTAT Bangalore, where a dispute over the classification of imported snap fasteners as buttons unfolds.
Explore the scope, objectives, and audit procedures of SA 710 for Comparative Financial Statements. Learn about reporting requirements and key considerations in auditing
