Khyati Ispat Private Limited Vs Principal Commissioner (CESTAT Delhi) The facts of the case, in brief, are that M/s Khyati Ispat Pvt. Ltd., Raipur3, is a private limited company engaged in manufacture of Iron and Steel products, such as, angles, channels & joists falling under Chapter 72 of Schedule II to the Central Excise Tariff […]
SAPL-Gcc Jv Vs Government of India (Karnataka High Court) There is no justification for the Central Govt. to constitute a Committee to enquire into alleged irregularities in the tender process on the baseless allegations of a loosing bidder whose offer after scrutiny was found to be substantively defective inter alia on the grounds that: the consortium […]
Solara Active Pharma Sciences Ltd. Vs Commissioner of CGST (CESTAT Mumbai) Undisputedly in the present case appellant had filed a refund claim with the jurisdictional Assistant Commissioner claiming refund of Rs 8,59,420/- on 09.02.2017. The refund claim was adjudged in favour of appellants by the said authority vide order dated 05.05.2017 to the extent of […]
Luit Developers Private Limited Vs Commissioner of CGST & Central Excise it is trite law that figures of Form 26AS are not to be used for determining Service Tax liability unless there is proof to show that it was on account of any taxable service and relies on the order of the Tribunal in Kush […]
Surya Roshni Ltd. Vs Commissioner of Customs (CESTAT Mumbai) CESTAT held that Section 149 of the Customs Act, 1962 provides for making amendment to the Bill of Entry. As per the same, the Bill of Entry could have been modified by the Revenue authorities to correct the clerical error made by the appellant under self-assessment […]
State of Orissa Vs Utkal Distilleries Ltd (Supreme Court) Constitution makers distributed the term ‘alcohol liquor’ into two heads, viz., (a) for human consumption; and (b) other than for human consumption. It has been held that the alcoholic liquors, which are for human consumption, are put in Entry 51 List II authorizing the State Legislature […]
ICAI decided to reinstall the examination centre 15 cities, provided that sufficient number of candidates offer themselves to appear from thereat. THE INSTITUTE OF CHARTERED ACCOUNTANTS OF INDIA [Set Up By An Act of Parliament] NOTIFICATION New Delhi, the 4th March, 2022 No. 13-CA (EXAM)/M/2022/II.—In continuation to Notification No. 13-CA (EXAM)/M/2022 dated 28th January 2022, […]
The Central Government has approved continuation of Central Sector Scheme ‘Indian Footwear and Leather Development Programme (IFLDP)’ with an approved expenditure of Rs.1700 crore till 31.03.2026 or till further review, whichever is earlier.
The Income Tax Department conducted search & seizure operations on a multinational group, engaged in distribution of telecom products and providing captive software development services, on 15.02.2022. The ultimate shareholding of the group lies with a foreign entity of a neighbouring country. The searches, which were spread across Delhi, Gurugram and Bengaluru covered the main […]
CBIC notifies Rate of Exchange of Foreign Currencies against Indian Rupees with effect from 4th March, 2022 vide Exchange rates Notification No.13/2022-Cus (NT) dated 03.03.2022. MINISTRY OF FINANCE DEPARTMENT OF REVENUE CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS ***** Notification No.13/2022 – Customs (N.T.) New Delhi, dated the 3rd March, 2022 12 Phalguna 1943 (SAKA) […]
