Kavi Priya
Content writer at Taxscan with a passion for clear, engaging legal content. I simplify tax and law topics while sharpening my research and communication skills.
![RBI Removes Restrictions on Use of Brickwork Ratings for Capital Adequacy Calculations [Read Notification]](https://images.taxscan.in/h-upload/2025/06/10/500x300_2041950-rbi-brickwork-ratings-capital-adequacy-calculations-taxscan.webp "RBI Removes Restrictions on Use of Brickwork Ratings for Capital Adequacy Calculations [Read Notification]")
RBI Removes Restrictions on Use of Brickwork Ratings for Capital Adequacy Calculations [Read Notification]
The Reserve Bank of India (RBI) issued notification dated June 9, 2025, removing all restrictions on the use of credit ratings issued by Brickwork...
![RBI Clarifies Prudential Treatment of PSL Shortfall Contributions by Urban Co-operative Banks [Read Notification]](https://images.taxscan.in/h-upload/2025/06/10/250x150_2041963-rbi-banks-shift-bankin-domains-october-31-taxscan-1-1.webp "RBI Clarifies Prudential Treatment of PSL Shortfall Contributions by Urban Co-operative Banks [Read Notification]")
![€1 Million Cancelled Invoice for Post-Contract Services Not Dutiable as Additional Consideration for Imports: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/10/250x150_2041944-invoice.webp "€1 Million Cancelled Invoice for Post-Contract Services Not Dutiable as Additional Consideration for Imports: CESTAT [Read Order]")
![Fabric Rolls Missing from Taxpayer’s Custody After Legal Seizure: CESTAT Upholds Redemption Fine [Read Order]](https://images.taxscan.in/h-upload/2025/06/10/250x150_2041938-fabric-rolls-fabric-rolls-missing-fabric-rolls-missing-from-taxpayers.webp "Fabric Rolls Missing from Taxpayer’s Custody After Legal Seizure: CESTAT Upholds Redemption Fine [Read Order]")
![CESTAT: License Fee in Brewery Contract Not Taxable as Part of Immovable Property Rent [Read Order]](https://images.taxscan.in/h-upload/2025/06/10/250x150_2041949-immovable-property-rent-brewery-contract-cestat-taxscan.webp "CESTAT: License Fee in Brewery Contract Not Taxable as Part of Immovable Property Rent [Read Order]")
Notional Interest on Security Deposits for Locker Rentals Not Taxable as Service Value: CESTAT [Read Order]
The New Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that notional interest on interest-free security deposits collected for locker rentals cannot...
![Notional Interest on Security Deposits for Locker Rentals Not Taxable as Service Value: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/10/500x300_2041942-locker-rentals.webp "Notional Interest on Security Deposits for Locker Rentals Not Taxable as Service Value: CESTAT [Read Order]")
Madhya Pradesh Govt Notifies Deemed Assessment Scheme for VAT and Fuel Cess Cases for FY 2023–24 [Read Notification]
The Madhya Pradesh Government issued Notification No. 141 dated 3rd June 2025, introducing a Deemed Assessment Scheme for the financial year 2023–24. This scheme covers pending assessments under...
![Madhya Pradesh Govt Notifies Deemed Assessment Scheme for VAT and Fuel Cess Cases for FY 2023–24 [Read Notification]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041864-madhya-pradesh-govt-deemed-assessment-scheme-vat-fuel-cess-case-txascan.webp "Madhya Pradesh Govt Notifies Deemed Assessment Scheme for VAT and Fuel Cess Cases for FY 2023–24 [Read Notification]")
Club Services to Members Not Taxable as One Cannot Render Services to Oneself: CESTAT Applies Mutuality Principle [Read Order]
The Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that services provided by a members’ club to its members are not subject to service tax, as a club...
![Club Services to Members Not Taxable as One Cannot Render Services to Oneself: CESTAT Applies Mutuality Principle [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041836-site-img9-2.webp "Club Services to Members Not Taxable as One Cannot Render Services to Oneself: CESTAT Applies Mutuality Principle [Read Order]")
Rent Paid to Directors in Personal Capacity Not Taxable Under Reverse Charge Mechanism: CESTAT [Read Order]
The New Delhi Principal Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that rent paid by a company to its Directors in their individual capacity is not subject to...
![Rent Paid to Directors in Personal Capacity Not Taxable Under Reverse Charge Mechanism: CESTAT [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041824-rent-paid-to-directors-directors-in-personal-capacity-directors-in-personal-capacity-not-taxable-taxscan.webp "Rent Paid to Directors in Personal Capacity Not Taxable Under Reverse Charge Mechanism: CESTAT [Read Order]")
Entire Liability Computed from Taxpayer's Records and Returns Filed Before SCN: CESTAT Rules Service Tax Penalty Unjustified [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) ruled that a service tax penalty is not justified when the entire tax liability was calculated from the...
![Entire Liability Computed from Taxpayers Records and Returns Filed Before SCN: CESTAT Rules Service Tax Penalty Unjustified [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041827-entire-liability-computed-taxpayers-records-returns-filed-scn-cestat-rules-service-tax-penalty-unjustified-taxscan.webp "Entire Liability Computed from Taxpayers Records and Returns Filed Before SCN: CESTAT Rules Service Tax Penalty Unjustified [Read Order]")
Assam GST Department Releases Guidelines for Standard Operating Procedure on Road Vigilance [Read Order]
The Assam GST Department issued comprehensive guidelines through Instruction No. 20/2025-GST, laying down the Standard Operating Procedure (SOP) for road vigilance operations aimed at curbing tax...
![Assam GST Department Releases Guidelines for Standard Operating Procedure on Road Vigilance [Read Order]](https://images.taxscan.in/h-upload/2025/06/09/500x300_2041817-assam-gst-department-standard-operating-procedure-gst-taxscan.webp "Assam GST Department Releases Guidelines for Standard Operating Procedure on Road Vigilance [Read Order]")
