Accusation of Goonda Tax Demand: Madhya Pradesh HC grants Bail [Read Order]
A Single Bench of the High Court of Madhya Pradesh, presided over by Justice Dinesh Kumar Paliwal, has granted bail to Nakool Nishad, a 28-year-old transporter from Katni, who was detained since October 21, 2023
Relief to DCM Hyundai: CESTAT holds Tipper Bodies 100% EOU cleared into DTA Eligible for Benefit of Concessional Rate of Duty [Read Order]
In a major relief to M/s. DCM Hyundai Ltd, the appellant, the Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the tipper bodies which is 100% Export Oriented Units
Vodafone Eligible for Cenvat Credit on Towers, Shelters & Prefabricated Building: CESTAT [Read Order]
In a major relief to Vodafone Essar Digilink Ltd, the CESTAT, Chandigarh held that the Company is eligible for Cenvat credit on towers, shelters & prefabricated building etc. In the instant case, the respondent- Company’s
Fake GST Officials defraud Betel Nut Trader of Rs. 20k in Fake Raid
In a shocking incident, a gang of impostors masquerading as Goods and Services Tax ( GST ) officials, along with one posing as a journalist, executed a fraudulent raid at Om Trading Company Bhusar Market,
SC Confirms Levy of Property Tax on Mobile Towers [Read Judgment]
While upholding the validity of s. 145A of Gujarat Provincial Municipal Corporations Act, 1949, the Supreme Court confirmed the levy of property tax on Mobile towers. Earlier, the Gujarat High court had struck down the
GST applicable on Electricity Charges collected from Govt. not covered under Incidental Expenses: AAR [Read Order]
The Gujarat Authority of Advance Ruling (AAR) ruled that GST applicable on electricity charges collected from govt. not covered under  Incidental expenses, and as such would not be includible in the value of supply. The
Furniture and Maintenance Expenditure does not amount to Capital Expenditure: ITAT [Read Order]
The Chennai bench of the Income Tax Appellate Tribunal(ITAT) has held that Furniture and Maintenance expenditure does not amount to capital expenditure. T. Banusekar, CA appeared for the appellant and P. Sajit Kumar appeared for
18% GST on Design, Supply, Installing, Testing & Commissioning of Train Collision Avoidance System in Locomotives: AAR [Read Order]
The Telangana Authority of Advance Ruling (AAR) ruled that 18% GST on Design, supply, installing, testing & commissioning of train collision avoidance system in locomotives. The applicant, Medha Servo Drives are manufacturers of electronics equipment
Complete Case Digest on CBIC Circulars 2023
The Central Board of Indirect Taxes is under the Department of Revenue, Finance Ministry, Government of India. The CBIC was previously known as the Central Board of Excise and Customs (CBEC).It engages in policy formulation of
50 Practical FAQ’s Exporters need to know about RoDTEP Scheme
Indian Exporters have been waiting for the last 8 months for the announcement of the benefits under the RoDTEP (Remission of Duties and Taxes on Exported Products) Scheme. Ministry of Commerce & Industry under the
ACCA to conduct Remote Proctored Exams in India: Do’s and Don’ts
The Association of Chartered Certified Accountants (ACCA) cancelled the centre based exams in India and has confirmed the remote session Computer Based Exams (CBEs) for September 2020. As has been committed by the ACCA to
ITAT Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal (ITAT) reported at Taxscan.in during the previous week from December 3 to December 9,2022 The Deputy Commissioner of Income Tax