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![Relief to Voltas Ltd, Penalty under Rule 26 of Central Excise Act cannot be imposed on purchaser for non payment of Excise Duty by Manufacturer: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-CESTAT-Chennai-Excise-Duty-Rule-26-of-Central-Excise-Act-taxscan.jpg "Relief to Voltas Ltd, Penalty under Rule 26 of Central Excise Act cannot be imposed on purchaser for non payment of Excise Duty by Manufacturer: CESTAT [Read Order]")
Relief to Voltas Ltd, Penalty under Rule 26 of Central Excise Act cannot be imposed on purchaser for non payment of Excise Duty by Manufacturer: CESTAT [Read Order]
In the case of M/s. Voltas Limited, the Chennai bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that penalty...
![IRP/RP Mandates to Operate Separate Bank Accounts for Real Estate Projects: IBBI notifies new Regulations [Read Notification]](https://www.taxscan.in/wp-content/uploads/2024/02/IBBI-Insolvency-and-Bankruptcy-Board-of-India-IBBI-New-Regulations-Real-Estate-IRP-RP-Bank-Account-Mandate-Taxscan.jpg "IRP/RP Mandates to Operate Separate Bank Accounts for Real Estate Projects: IBBI notifies new Regulations [Read Notification]")
![Delayed refund of Service Tax: CESTAT directs to pay interest @ 12% [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-CESTAT-Delhi-Service-Tax-Delayed-refund-of-Service-Tax-taxscan.jpg "Delayed refund of Service Tax: CESTAT directs to pay interest @ 12% [Read Order]")
![No Penalty imposable on Assessee without Corroborative Evidence proving Involvement in invalid Importation of BMW M5 Car: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-CESTAT-Kolkata-CESTAT-on-BMW-M5-import-BMW-M5-Car-taxscan.jpg "No Penalty imposable on Assessee without Corroborative Evidence proving Involvement in invalid Importation of BMW M5 Car: CESTAT [Read Order]")
![No Demand on Undervaluation of Goods Merely of Higher Discount given on Import: CESTAT sets aside Differential Duty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-Bangalore-Import-duty-Differential-Duty-Undervaluation-of-Goods-taxscan.jpg "No Demand on Undervaluation of Goods Merely of Higher Discount given on Import: CESTAT sets aside Differential Duty [Read Order]")
Goods cannot be classified based on content of Material used to Manufacture, Bra Cups are part of Brassiers: CESTAT upholds Classification [Read Order]
The Bangalore bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that Goods cannot be classified based on the content of the material used to manufacture and Bra...
![Goods cannot be classified based on content of Material used to Manufacture, Bra Cups are part of Brassiers: CESTAT upholds Classification [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/CESTAT-CESTAT-Bangalore-CESTAT-on-bra-cups-Manufacturing-material-in-goods-classification-TAXSCAN.jpg "Goods cannot be classified based on content of Material used to Manufacture, Bra Cups are part of Brassiers: CESTAT upholds Classification [Read Order]")
Resolution applicant participated in CIRP has locus to object application for approval of Resolution Plan: NCLAT [Read Order]
The Principal bench of the National Company Law Appellate Tribunal ( NCLAT ) has held that the resolution applicant who participated in the Corporate Insolvency Resolution Process ( CIRP ) has the...
Revival of Corporate Debtor is Primary Goal of Resolution Plan and going concern Sale: NCLT [Read Order]
The Kolkata Bench of the National Company Law Tribunal ( NCLT ) held that the primary goal of the Resolution Plan as well as the sale of a Corporate Debtor as a going concern remains the same as that...
