50th GST Council Meeting: Key Highlights
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) deleted the disallowances on signage expenses and sale tools expenses on the basis of decision of Tribunal in previous Assessment Year (AY). The assessee Honda Motorcycle and Scooter India Pvt. Ltd is a subsidiary of Honda Motor Co. Ltd. Japan. Honda group is engaged in the...
The Delhi Bench of Income Tax Appellate Tribunal (ITAT) directed the Assessing Officer (AO) to allow assessee’s claim of deduction in respect of technical know-how payment on the basis of decision of Tribunal in previous Assessment Year (AY) 2015-16. The assessee Honda Motorcycle and Scooter India Pvt. Ltd is a subsidiary of Honda Motor Co....
The Ahmedabad bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) held that upgrading existing plants can be considered Input Services under Cenvat Credit Rules, 2004 (CCR) and allowed appeal by General Motors Pvt Ltd (the Appellant) against order by the Adjudicating Authority confirming the order issued by The Commissioner of Central Excise (CCE),...
The Chandigarh bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) allowed the appeal by Niterra India Private Limited, formerly known as NGK Spark Plugs Pvt. Ltd (the Appellant) against the order by The Commissioner of Central Excise, Delhi (the respondent) demanding the Cenvat Credit availed by NGK Sparkplugs Pvt Ltd with interest and...
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