๐๐๐ฆ๐ง๐๐ง ๐๐ฒ๐น๐ต๐ถ ๐ฅ๐๐น๐ถ๐ป๐ด ๐ผ๐ป ๐๐ผ๐ฟ๐ฝ๐ผ๐ฟ๐ฎ๐๐ฒ ๐๐๐ฎ๐ฟ๐ฎ๐ป๐๐ฒ๐ฒ๐ ๐ฎ๐ป๐ฑ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐ง๐ฎ๐ ๐ข ๐ง๐ต๐ฒ ๐๐๐ฆ๐ง๐๐ง ๐๐ฒ๐น๐ต๐ถ ๐ต๐ฒ๐น๐ฑ: Corporate guarantees and cargo space booking profits aren't taxable under Finance Act, 1994, due to no consideration.
25 days ago
๐๐๐ฆ๐ง๐๐ง ๐๐ผ๐น๐ธ๐ฎ๐๐ฎ ๐ฅ๐๐น๐ถ๐ป๐ด ๐ผ๐ป ๐ฃ๐ฟ๐ฒ-๐๐ฒ๐ฝ๐ผ๐๐ถ๐ ๐๐๐ถ๐ป๐ด ๐๐ฅ๐-๐ฌ๐ฏ ๐ข ๐ง๐ต๐ฒ ๐ฏ๐ฒ๐ป๐ฐ๐ต ๐ผ๐ณ ๐๐๐ฆ๐ง๐๐ง ๐๐ผ๐น๐ธ๐ฎ๐๐ฎ ๐๐๐ฎ๐๐ฒ๐ฑ: The appellantโs DRC-03 deposit under Section 35 of the Central Excise Act, 1944, is invalid for appeal filing.
26 days ago
๐ข Top-5 Judgments of the week reported by CENTAX @centaxindia ๐1. Rajasthan High Court granted protection to assessee to file appeal before GST Tribunal within 3 months from date of its constitution. ๐ฟ Hukma Ram Dudi vs. State of Rajasthan (2024) 21 Centax 60
27 days ago
๐๐๐ฆ๐ง๐๐ง ๐๐ต๐ฎ๐ป๐ฑ๐ถ๐ด๐ฎ๐ฟ๐ต ๐ฅ๐๐น๐ถ๐ป๐ด ๐ผ๐ป ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐ง๐ฎ๐ ๐ฎ๐ป๐ฑ ๐๐ ๐ฝ๐ผ๐ฟ๐ ๐ผ๐ณ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ ๐ข CESTAT Chandigarh ruled that M/s Viavi Solutions Indiaโs services to JDSU USA are export services, not taxable.
28 days ago
๐๐๐ฆ๐ง๐๐ง ๐๐ฒ๐น๐ต๐ถ ๐ฅ๐๐น๐ถ๐ป๐ด ๐ผ๐ป ๐๐ ๐ฝ๐ผ๐ฟ๐ ๐ผ๐ณ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ๐ ๐ข The bench of CESTAT Delhi stated: Services provided by M/s Viavi Solutions India Pvt. Ltd. qualify as export of services, not intermediary services. The appeal is allowed.
29 days ago
๐๐๐ฆ๐ง๐๐ง ๐ฅ๐๐น๐ถ๐ป๐ด ๐ผ๐ป ๐ฅ๐ฒ๐ณ๐๐ป๐ฑ ๐ผ๐ณ ๐ฆ๐ฒ๐ฟ๐๐ถ๐ฐ๐ฒ ๐ง๐ฎ๐ ๐ข The bench of CESTAT observed:
about 1 month ago
๐ฐ ๐๐ฒ๐ฟ๐ฎ๐น๐ฎ ๐๐ถ๐ด๐ต ๐๐ผ๐๐ฟ๐ ๐ฅ๐๐น๐ถ๐ป๐ด: ๐ช๐ฟ๐ถ๐ ๐ก๐ผ๐ ๐ ๐ฎ๐ถ๐ป๐๐ฎ๐ถ๐ป๐ฎ๐ฏ๐น๐ฒ ๐๐ด๐ฎ๐ถ๐ป๐๐ ๐๐ถ๐ฟ๐๐ ๐๐ฝ๐ฝ๐ฒ๐น๐น๐ฎ๐๐ฒ ๐๐๐๐ต๐ผ๐ฟ๐ถ๐๐ ๐ข๐ฟ๐ฑ๐ฒ๐ฟ ๐ข The bench of Justice A. K. Jayasankaran Nambiar and Justice Syam Kumar V.M. held that
about 1 month ago
๐ข ๐๐บ๐ฝ๐ผ๐ฟ๐๐ฎ๐ป๐ ๐๐ฆ๐ง ๐ก๐ผ๐๐ถ๐ณ๐ถ๐ฐ๐ฎ๐๐ถ๐ผ๐ป ๐๐น๐ฒ๐ฟ๐! ๐ฐ The Government of India has issued Notification No. 16/2024โCentral Tax on 6th August 2024, bringing significant updates that all GST stakeholders need to be aware of. Here are the detailed highlights:
about 1 month ago
Part-1 of Case Laws on GST SCN. These will help you in drafting. Steps to follow to download file: 1) Follow me, Else DM will not work 2) Reply or Retweet the Tweet 3) Check DM and Follow the Steps 4) Join GST Litigation Group Thanks, if possible, do support me in Elections [img:c192O2EeN]
about 1 month ago
The Income Tax Department has released an update on the processing of Income Tax Returns (ITRs) for the assessment year 2024-25. As of July 31, 2024, over 6.21 crore ITRs have been e-verified. Out of these, more than 5.81 crore were verified using Aadhaar-based OTP.
about 1 month ago