Receipt of SS waste and scrap supplied through dealers, which are defective and availment of Cenvat Credit: CESTAT quashes Excise Duty Demand [Read Order]
The Ahmedabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed excise duty demand as there was receipt of SS waste and scrap supplied through dealers, which are defective and subsequent availment
Ostensible Eligibility for Benefit of Customs Notification: CESTAT Remands matter [Read Order]
The Mumbai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) remanded matter in the case regarding ostensible eligibility for benefit of customs notification. The appellant, M/s Oki India Pvt Ltd, is one
B.com Vacancy in Philips
The Philips invited applications for the post of Senior Specialist - Control Monitoring. Qualifications  B.com graduate with minimum 4 years of relevant experience  Experience working with Internal controls process  Analytical skills  People/ networking  Continuous improvement
Confiscation of Digital Multifunction Equipment due to Non-payment of Enhanced Customs Duty: Madras HC directs to Release Goods on payment of Duty [Read Order]
The Madras High Court directed the Commissioner of Customs to release the confiscated Digital Multifunction Equipment due to Non-payment of Enhanced Customs Duty. The court held that the goods can be released on payment of
Tax Judgments of High Courts Annual Case Digest 2023 [Part 6]
Court will not Deny Moment of Togetherness to Family and Son: Delhi HC allows PMLA Accused to Travel Abroad for Son’s Admission PARVIN JUNEJA vs DIRECTORATE OF ENFORCEMENT & ANR 2023 TAXSCAN (HC) 1262 In
No proceedings shall be initiated, when NCLT granted moratorium against CD u/s 14 of IBC: ITAT dismisses Appeal [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench held that no proceedings should be initiated when the National Company Law Tribunal (NCLT) granted a moratorium against corporate debtors under Section 14 of the Insolvency and
E-Way Bill Alert: Implementation of New HSN Code Requirement for B2B and Export Transactions Starting February 1st 2024
The Goods and Services Tax (GST) E-way Bill system has announced an update on 5th January 2024, indicating that the enforcement of the new Harmonized System of Nomenclature (HSN) code requirements for B2B and export
Use of Trademark incidental to Advertisement is Business Income, Not Royalty and FTS: Delhi HC grants relief to Hyatt International [Read Order]
In a major relief to Hyatt International Southwest Asia, the Delhi High Court ruled that the use of trademark incidental to advertisement is business income and not Royalty and fees for technical services (FTS). The
Delhi HC quashes writ petition by Ultra Tech against CCI order on Cartelisation by Manufacturers causing increase of Grey Cement Prices [Read Order]
The Delhi High Court quashed the writ petition filed by Ultra Tech against the order of the Competition Commission on cartelisation by manufacturers causing increase of grey cement prices. The present Writ Petition has been
E-way Bill Generation not allowable without E-invoice details w.e.f. 1st March 2024: NIC
The National Informatics Centre (NIC) has announced that, starting from March 2024, the generation of E-way bills will require inclusion of e-invoice details and will not be permitted otherwise. This is applicable for e invoice
Applicability of Sub-Section 115JB of Income Tax Act on Banking Company: SC condones Delay in SLP filed by Income Tax Dept [Read Order]
The Supreme Court condoned the delay in the special leave petition filed by the Income Tax Department in the matter arising from the ruling regarding the applicability of sub-section 115JB of the Income Tax Act,
Tax Judgment of HC Annual Case Digest 2023 [Part 5]
This Annual Case Digest analytically summarizes the key stories related to Tax judgements of various High Courts in India reported in Taxscan.in during the year 2023. These stories include judgements and observations of High Courts
CA, MBA Vacancy in JPMorgan Chase & Co
The JPMorgan Chase & Co invited applications for the post of Financial AnalysisQualifications Proven ability to take initiative, influence others, and achieve results Ability to manage multiple (and changing) project deliverables at same time; can
CA, MBA Vacancy in JP Morgan Chase & Co
The JPMorgan Chase & Co invited applications for the post of Financial Analysis - Associate Qualifications Bachelors in Engineering or finance or economics and/or CA / CFA / MBA from top Tier institute is required
CESTAT Annual Digest – [Part 9]
This yearly digest analyzes all the CESTAT stories published in the year 2023 at taxscan.in Relief to Hero Motorcorp: CESTAT rules Mirror Assemble and Sari Guard are ‘Input’ under Rule 2(k) of CCR M/s Hero