Judgement Update | Non-inclusion of value of design, drawing and engineering services in the assessable value of imported goods This is to apprise you on recent Supreme Court decision in the case of CC v. Steel Authority of India Limited, 2020-VIL-15-SC-CU. The Court...
Judgement Update | Classification of parts and accessories of motor vehicle This is to apprise you regarding the recent judgment of Supreme Court in the case of CCE v. Uni Products India Limited, 2020-VIL-17-SC-CE.In this case, the taxpayer was engaged in...
Update on Revival Interest Benefit Scheme for existing MSME industrial units located in Haryana Considering COVID-19 situation, the Department of Industries and Commerce, Haryana (‘DIC’) has announced the Revival Interest Benefit Scheme for existing Micro Small and...
Judgement Update | Delhi High Court extends time limit to 3 years (June 30, 2020) for carry forward of transitional credit This is to apprise you on recent decision of the Delhi High Court in case of Brand Equity Treaties Limited v. UOI, 2020-VIL-196-DEL. In this...
Judgment Update | Doctrine of Promissory Estoppel not applicable against Central Government on reduction of area-based excise duty exemption This is to apprise you regarding recent decision of Larger Bench (3 members) of Supreme Court in the case of UOI v. V.V.F...
AAR Update | GST on incomes of Director and Partner This is to apprise you on a recent decision of Authority for Advance Ruling, Karnataka (‘AAR’) in the case of Anil Kumar Agrawal, 2020-VIL-118-AAR. The Applicant sought ruling on includability of the following...
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