Recommendation for deposits

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

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.

No bar on admissibility of Cenvat credit either as Inputs or Capital goods at any stage of proceedings

No bar on admissibility of Cenvat credit either as Inputs or Capital goods at any stage of proceedings We are sharing with you an important judgment of the Hon’ble CESTAT, Kolkata in the case of Tata Steel Ltd. Vs. Commissioner of Central Excise, Jamshedpur [2016 (1) TMI 1059 – CESTAT KOLKATA)] on following issues:

DISCIPLINARY ACTION AGAINST RETIRED GOVERNMENT SERVANT

DISCIPLINARY ACTION AGAINST RETIRED GOVERNMENT SERVANT Disciplinary action is being taken against the erring official as per the rules framed in this behalf. We have witness many an officer/officer has been suspended on the date of retirement on superannuation and their pensionary benefits are subject to the outcome of the disciplinary proceedings. The issue to […]