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HC condones delay of 3330 Days occurred due to Inaction of Advocate

May 17, 2022 10761 Views 1 comment Print

Condoning delay of 3330 Days HC held that a party should not suffer due to inaction of advocate & matter should be decided on merits

Arbitrator can recall order earlier passed by it if sufficient cause being shown

May 17, 2022 7026 Views 0 comment Print

Arbitral Tribunal had, on sufficient cause being shown, the power to recall the order passed by it under Section 25(a) of 1996 Act, terminating arbitral proceedings.

No Service Tax on amount recovered as charges for breach of contractual terms

May 17, 2022 3498 Views 1 comment Print

Krishnapatnam Port Company Limited Vs Commissioner of Central Excise & Service Tax (CESTAT Hyderabad) Issue of leviability of Service tax on penalty, liquidated damages, compensation, forfeiture amounts, cancellation charges etc. stands settled by various pronouncements wherein it has consistently been held that the said amounts recovered as charges for breach or non-compliance of contractual terms […]

Labour Court cannot Adjudicate Workman’s Claim U/s. 33C(2) of Industrial Dispute Act in an Undetermined Claim

May 17, 2022 14598 Views 0 comment Print

Management of KSRTC Vs Sri K. Shivaram (Karnataka High Court) Section 33C(2) of the I.D. Act refers to any amount due to workman. Section 33C(1) of the Industrial Dispute Act (I.D. Act) speaks of any amount due to workman under the settlement or award under the provision of Chapter 5-A or 5-B of the I.D. […]

Prohibition on export of wheat – Clarification/Relaxation

May 17, 2022 1083 Views 0 comment Print

Wheat export Prohibition not applies to consignments handed over to Customs for examination & registered into their systems on or prior to 13.5.2022

Delhi HC Orders Blocking of 12 Websites pirating Contents of Universal City Studios

May 16, 2022 1281 Views 0 comment Print

Universal City Studios Llc & Ors. Vs Vegamovies Run & Ors. (Delhi High Court) Defendant Websites provide illegal content for free and such availability of content is supported by the advertisements featuring on these websites. The primary purpose of the Defendant Websites is to commit or facilitate copyright infringement. Thus, Defendants No. 1 to 12 […]

Work Contract service to IIT-Bhubaneswar entitled for concessional rate of 12% GST 

May 15, 2022 1464 Views 0 comment Print

In re NBCC (India) Limited (GST AAAR Odisha) With respect to issue raised in Para 3.6(a) whether the tax rate of 12% determined by the Appellate Authority for Advance Ruling in its order dated 19-03-2021 is applicable to entire contract, we find that there is no merit to discuss the matter again and again. The […]

AAAR Maharashtra directs AAR to pass ruling on Merits

May 15, 2022 774 Views 0 comment Print

In re Royal Carbon Black Private Limited (GST AAAR Maharashtra) AAAR have also examined the impugned Advance Ruling passed by the MAAR, wherein the MAAR has refrained from passing the advance ruling in the matter citing the reason that the Appellant has not provided the details regarding the chemical composition of the impugned product, i.e., […]

Prohibit e-pharmacy platforms in India to safeguard public health: CAIT

May 14, 2022 1071 Views 0 comment Print

We maintain of that e-pharmacy marketplaces are not only operating without valid pharmacy licenses but have also been failing to undertake reasonable due diligence gravely compromising consumer safety and health.

Govt subsidy to incentivize industries in backward areas to provide employment is capital in nature & not revenue

May 14, 2022 2841 Views 0 comment Print

Jindal Steel & Power Limited Vs Addl. CIT (ITAT Delhi) Facts in brief are that the assessing officer has, in the assessment order, while holding the impugned subsidy as revenue receipt, simultaneously reduced the same from cost of fixed assets, while applying provisions of Explanation 10 to section 43(1) of the Act resulting in double […]

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