Filter Posts

Understand windfall tax, imposed on oil and gas companies due to unforeseen profit gains. Learn its implications and why India introduced it....

Explore the legal intricacies of challenging the Excise Department's notice for a public limited company's change in management via director rotation in West Bengal....

Explore the Madras High Courts decision in India Cement Limited v. Commissioner of Customs, allowing Cenvat credit for electricity supplied to sister units. Analysis, implications, and key takeaways....

Unlock global trade success with the IEC code. Learn its legal significance, role in customs clearance, financial transactions, and government incentives. Get a step-by-step guide....

Explore the constitutional issues surrounding the Central Government's Excise Duty collection from September 2016 to June 2017. Uncover the research and discussions on the implications, legal perspectives, and the appellant's efforts to address the matter through writ proceedings....

CESTAT, Kolkata made a significant ruling regarding the amendment in Rule 14 of CENVAT Credit Rules, 2004. Previous version of the rule stated 'taken or utilized,' but it was modified to 'taken and utilized.' This alteration in wording clearly indicates the legislative intent to exclude the imposition of interest when the credit has been ...

Notification No. 05/2023-Central Excise dated 01.02.2023 is being issued to exempt excise duty on blended Compressed Natural Gas (CNG) from so much of the amount as is equal to GST paid on biogas /compressed bio gas contained in such blended CNG subject to the specified conditions....

Taxing unexpected profits earned due to windfalls of war, pandemic, or other unforeseen events: learn all about Windfall Tax. Optimize for Flexible Windfall Tax!...

CESTAT held that transportation charges collected by way of issuing additional invoice cannot be included in the assessable value of goods for levying excise duty....

Find out about the litigations surrounding the Budgetary Support Scheme Refund in India. Learn more about the impact on eligible units and the reimbursement process....