Liquor to be costly in Karnataka as Government Hikes Tax in Budget 2020-21

Liquor to cost more in Karnataka from April 1 as the BJP government in its 2020-21 budget on Thursday proposed to hike the tax to mop up additional resources in the face of unprecedented “financial...

Allegation of Clandestine Removal can’t be upheld only on the basis of Mere Entries made in certain Private Record recovered from Security: CESTAT [Read Order]

In the case of M/s, Mohit Engineering versus CCE, the Delhi bench of Customs Excise & Service Tax Appellate Tribunal ( CESTAT )  ruled that allegation of clandestine removal cannot be upheld only on the...

Refund of Pre-deposit cannot be Adjusted towards other Demands: CESTAT Chennai [Read Order]

In a significant ruling, the Chennai bench of CESTAT held that the Excise Department cannot adjust the refund of pre-deposit towards the demand of duty for other periods. The appellants, Indian Oil Corporation paid pre-deposit...

Penalty can be Levied on Firm and its Partners simultaneously: Madras HC [Read Judgment]

In a recent ruling, the division bench of the Madras High Court confirmed the levy of penalty on the Firm along with its partners. The division bench comprising of Justices Satyanarayanan and Nisha Banu clarified...