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![Service Tax Demand of ₹87.76 Lakh on Mutual Fund Investments Quashed: CESTAT Rules Activity Not “Trading of Goods” under Finance Act [Read Order]](https://images.taxscan.in/h-upload/2025/09/29/500x300_2092387-service-tax-demand-mutual-fund-finance-act-taxscan.webp "Service Tax Demand of ₹87.76 Lakh on Mutual Fund Investments Quashed: CESTAT Rules Activity Not “Trading of Goods” under Finance Act [Read Order]")
Service Tax Demand of ₹87.76 Lakh on Mutual Fund Investments Quashed: CESTAT Rules Activity Not “Trading of Goods” under Finance Act [Read Order]
The bench of the Customs, Excise & Service Tax Appellate Tribunal, New Delhi, set aside a service tax demand raised on the ground that...
![RBI Allows Non-Residents to Invest Trade Surplus from SRVAs in Government Securities [Read Circular]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076435-rbi-allows-srva-surplus-investment.webp "RBI Allows Non-Residents to Invest Trade Surplus from SRVAs in Government Securities [Read Circular]")
![SEBI Permits Investment Advisers and Research Analysts to use Liquid & Overnight Mutual Funds for Mandatory Bank Deposit under Lien [Read Circular]](https://images.taxscan.in/h-upload/2025/08/13/250x150_2076321-sebi-circular-2025-liquid-mutual-fund-lien.webp "SEBI Permits Investment Advisers and Research Analysts to use Liquid & Overnight Mutual Funds for Mandatory Bank Deposit under Lien [Read Circular]")
![SEBI Removes ₹10,000 Minimum Subscription Requirement for Mutual Fund Distributor Transaction Charges [Read Circular]](https://images.taxscan.in/h-upload/2025/08/09/250x150_2074854-sebi-mutual-fund-distributor-fee-taxscan.webp "SEBI Removes ₹10,000 Minimum Subscription Requirement for Mutual Fund Distributor Transaction Charges [Read Circular]")
Subscription & Redemption of Liquid Mutual Fund Units cannot be Termed as “Trading of Goods”, Exemption Not Allowable: CESTAT [Read Order]
The Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that subscription and redemption of liquid mutual fund units cannot be termed as ‘Trading of Goods’. The...
![Subscription & Redemption of Liquid Mutual Fund Units cannot be Termed as “Trading of Goods”, Exemption Not Allowable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/05/liquid-mutual-funds.jpg "Subscription & Redemption of Liquid Mutual Fund Units cannot be Termed as “Trading of Goods”, Exemption Not Allowable: CESTAT [Read Order]")
![SEBI Relaxes SIF Norms, Exempts Mandatory AMC Staff Investments from ₹10 Lakh Rule [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/04/SEBI.jpg "SEBI Relaxes SIF Norms, Exempts Mandatory AMC Staff Investments from ₹10 Lakh Rule [Read Order]")
![SEBI issues Circular on Regulatory framework for Specialized Investment Funds [Read Circular]](https://www.taxscan.in/wp-content/uploads/2025/03/Specialized-Investment-Funds.jpg "SEBI issues Circular on Regulatory framework for Specialized Investment Funds [Read Circular]")
