Tax Alert| Madras High Court holds that generation of fly ash is not manufacturing activity Dear Reader, This is to update you on a recent ruling of the Madras High Court in the case of Mettur Thermal Power Station vs The Central Board of Excise and Customs and The...
Tax Alert | Tax adjustment on account of post sale discount Dear Reader, This is to update you on a recent amendment made under the DVAT Act, 2004 (‘DVAT Act’) by the DVAT (Second Amendment) Act, 2015 (‘Amendment Act’) which came into force on July 15, 2015. Under the...
Judgment update | Rebate of automobile cess eligible as of duty of excise Dear Reader, This is to update you on a recent ruling of the Karnataka High Court in the case of TVS Motor Co. Ltd. vs UOI. In this judgment, the Karnataka High Court held that rebate on...
Judgment update| Cutting and slitting of selfadhesive film and paper does not amount to manufacture Dear Reader,This is to update you on a recent ruling of Mumbai Tribunal in the case of CCE, Belapur vs UPM KymmeneIndia Pvt. Ltd. In this judgment, Tribunal held the...
Investigations regarding inclusion of value of drawings and designs in assessable value of goods for payment of excise duty Dear Reader,This is to update you on a recent ruling of the Authority on Advance Rulings in Karnataka (‘AAR’) in the case of Nash Industries (I)...
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