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About 42 results for "excise and service tax appellate"

A whopping Rs 1.45 lakh cr stuck due to tax disputes

A Whopping Rs 1.45 Lakh Cr Stuck Due to Tax Disputes: Government

New Delhi : Finance Minister Arun Jaitley today said as many as 37,506 tax dispute cases were pending before various Income Tax Appellate Tribunals having a financial implication of Rs 1.45 lakh crore at end March 2015. Similarly, Rs 37,683.98 ... NDTV Profit, 1 month ago

Key features of GST

Goods & Service Tax Key Features In continuance of our earlier series titled GST Knowledge Series# 1, Understanding the Mechanics of Goods & Service Tax, we have discussed the basic DNA of Goods & Service Tax popularly known as GST. These ...
 CAclubindia1 month ago

Service Tax on Hotels and Restaurants - Analysis

Introduction Under negative list based taxation, service tax is levied on all services other than those covered in negative list or a subject matter of exemption. The term service includes declared service. The declared service has an entry ...
 CAclubindia1 month ago

Royalty not included in assessable value of CDs duplicated by workers

The Supreme Court (1) recently held that, for the purpose of central excise duty, royalty charges payable by distributors and copyright owners to artists and production houses could not be included in the assessable value of compact discs (CDs) ...
 Lexology1 month ago

ONGC, foreign partners lose tax appeal

Related to : Oil & Natural Gas Corpn Ltd Oil & Natural Gas Corpn Ltd BSE 03 Jul 15 | 12:00 AM 309.40 -0.95 (-0.31%) NSE 03 Jul 15 | 12:00 AM 309.20 -0.8 (-0.26%) The Supreme Court last week dismissed a large number of appeals, ...
 Smart Investor1 month ago

Recommendations of SIT on Black Money as Contained in the Third SIT Report

Misuse of exemption on Long Term Capital gains tax for money laundering (Reference p. 82-84 of the Third SIT Report) This issue was deliberated by SIT during a series of meetings held on 7th January, 14th March, 08th April and 30th April. In this ...
 Noodls1 month ago

Tax recovered but not paid to the Govt. has to be treated as evasion of ST

Introduction: In a recent judgment the Honble Tribunal in the case of M/s IWI CROGENIC VAPORIZATION SYSTEMS INDIA Vs Commissioner of Central Excise Vadodar (2015-TIOL-1458-CESTAT-AHM) has held that recovering tax from the service recipients and ...
 CAclubindia1 month ago

Class Fights Alameda's Cell-Phone Tax

By KATHERINE PROCTOR OAKLAND, Calif. (CN) - Alameda is illegally taxing its citizens' cell phone bills at 7.5 percent, an irate resident claims in a class action. Lead plaintiff Clyde Grossman claims the city charges a utility users tax on ...
 Courthouse News Service1 month ago

Cenvat Credit on services received for Wind Mill, beyond factory gate-Confusion aggrieved

There is old litigation between assessees and department whether Cenvat Credit of service paid on various services received viz. installation/repairing & Maintenance of Wind Mill, situated out of factory gate, is available or not , in terms of ...
 CAclubindia1 month ago

Summary of Indirect Taxes Amendments by Budget 2015 with Effective Dates

(I) CENTRAL EXCISE AMENDMENTS IN RATE OF EXCISE DUTY 1. Basic Excise Duty Rate I Schedule of CETA, 1985 Basic Excise Duty rate for most of the goods under I Schedule of CETA, 1985 is increased from 12% to 12.5%. Effective Date: 01st ...
 CAclubindia1 month ago
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