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 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 […]
Brokerage Not Deductible In Computing Income From House Property Case Law Citation:- Radiant Premises Pvt. Ltd vs. ACIT (ITAT Mumbai); ITA No.5494/Mum/2013; Date of Pronouncement 05.06.2015; Assessment Year: 2010-11 Brief of the Case:- The brokerage paid to the third party has nothing to do with the rental income paid by the tenant for enjoying the […]
Service Tax Refund 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 […]
Customs Valuation – Significant amendments in SVB procedures Import of goods are liable to Customs duty and are subject to scrutiny by the by Customs authorities. Further, imports from the ‘related parties’ are specifically scrutinised by the Customs Authorities to ensure that relationship between the parties have not influenced the value of import and the […]