Considering forming a family trust to hold your listed company shares? SEBI clarifies the requirements for exemption from open offer obligations under specific conditions. Learn about eligibility, trustee composition, and the importance of Board discretion in granting exemptions.
Explore the detailed analysis of AAR Tamilnadu’s ruling on GST for hostel accommodation services and in-house food supply. Learn about eligibility, tax rates, and composite supply implications.
CESTAT Ahmedabad rules in favor of Crest Speciality Resins Pvt Ltd, stating no service tax on fees and royalty for unregistered Intellectual Property Rights owned by a foreign company
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.
