As per Article 226 of Constitution of India every High Court can issue any direction or order or writ to enforce for enforcement of rights which are in the n
Whether the price declared below the cost of manufacture can be regarded as Normal price for chargeability of Excise duty. Dear Professional Colleague, We are sharing with you a recent judgment of the Honorable Supreme Court, New Delh
RECENT CASE OF RANBAXY LABS LMITED v. UNION OF INDIA AND OTHERS[1] : DATE FOR DETERMINATION OF INTEREST ON REFUND UNDER S. 11-BB OF CENTRAL EXCISE ACT, 1944 VISHAL MISHRA INTRODUCTION Under the Central Excise Act, 1944, an assessee can make a cl
What constitutes remanding the matter for fresh adjudication and what not constitutes remand by Commissioner (Appeal) in Excise, Customs and Service Tax It is quite often in litigation matters, the higher appellate forums to the lower adjudicating
Changes in CENVAT Credit Rules in Union Budget 2012-2013 Amendments in the Definition of Capital Goods: v The facility of taking CENVAT Credit on motor vehicles other than those falling under tariff headings 8702, 8703, 8704,8711 and their
In world ranking on Ease-Of-Doing-Business in India, India ranks absolutely at the bottom of the world on the criterion of contract enforceability (in fact, last but one, with Latvia taking these honours). Late Palkhiwala used to describe India as
This time common man, an Indian Tax payer was expecting magical budget with high benefits but for Individual its "Give and Take" kinds of budget. Honorable FM has increased the Exemption limit for Individual by INR 20,000/-, on the other h
INTRODUCTION: Law the most complicated phenomenon of a constitution. Howsoever cleverly drafted, creates ambigu
In Recent times the Rollback of Excise Duty Exemption on Branded Readymade Garments has been a Subject Matter of big protest from Industry. Despite all the efforts and rows the government looks in no mood
INTRODUCTION Ok so, I would just like to thank CCI for approving my previous article on similar lines. I really think, being students, we can contribute to this si
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English