CENVAT of Inputs & Input services for producing electricity captively consumed allowed Brief of the Case In the case of M/s JSW Steel Coated Products Ltd. Vs. Commissioner of Central Excise,(CESTAT Mumbai); Appeal No. E/1119/11, E/85314/13, E/88466/14,E/85449 & 85450/15; Date of Decision-07.01.2016 Thane-II, it was held that CENVAT credit of inputs and input services used […]
Excise Duty Rate Should Be Rate Prevalent At The Time Of Clearing In the case of M/s Siemens Ltd. Vs. Commissioner of Central Excise,(CESTAT Mumbai); Appeal No. E/3360/05; Date of Decision-04.01.2016 Mumbai-IV, it was held that the rate of duty applicable on the differential assessable value recovered at the depot premises attributable to the products […]
Recommendation for deposits Proposed recommendations of The Companies Law Committee for Deposits under Companies Act, 2013 Definition of Deposit: The Committee considered the suggestion for making the definition of deposit less restrictive, but felt that adequate prescriptive powers for excluding amounts received by a company from the term ‘deposit’ have been provided in the definition […]
Relief to the Exporters: Refund of service tax on expenses incurred beyond factory gate World economy over last few years has been very sluggish and more so Indian economy. The impact on Indian economy could be witnessed in the form of declining exports from India. This requires stimulus from government in one way or another.
Related party transactions Sections and provisions applicable · Section 188 of Companies Act, 2013 [Related Party Transactions] · Rule 15 of the Companies [Meetings of Board and its Powers Rules], 2014