Judgements by CA Ruby Bansal

CESTAT: Rajasthan Sales Tax Subsidy under RIPS 2010 Not includible in Excise Assessable Value

CA Ruby Bansal 11 September 2026 at 11:26

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), New Delhi, in M/s. Mangalam Cement Limited v. Commissioner of Central Excise & CGST, Udaipur, decided on 1 September 2026, held that the sales tax subsidy received under the Rajasthan Inv

Posted in Excise | 93 Views

Cenvat Credit Cannot Be Denied Merely on Third-Party Statements Without Corroborative Evidence

CA Ruby Bansal 01 September 2026 at 15:16

M/s Kandoi Metals Powders Mfg. Co. Pvt. Ltd. vs. Commissioner, CGST & Central Excise, Jaipur-1 CESTAT New Delhi

Posted in Excise | 97 Views

SC : Selling Shares While in Possession of UPSI Constitutes Insider Trading Even if No Profit Is Made

CA Ruby Bansal 15 August 2026 at 10:47

The Supreme Court, in SEBI v. Rajeev Vasant Sheth & Ors., has held that a person who trades in securities while in possession of Unpublished Price Sensitive Information (UPSI) would be presumed to have traded on the basis of that information. The pur

Posted in Miscellaneous | 78 Views

CESTAT Allahabad Sets Aside ₹22.84 Crore Service Tax Demand Against HCL Infosystems

CA Ruby Bansal 11 August 2026 at 17:33

The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Allahabad, in M/s HCL Infosystems Ltd. v. Principal Commissioner, CGST, Noida, Final Order No. 70263/2026 dated 10 August 2026, has set aside a service tax demand of ₹22.84 crore raised a

Posted in Service Tax | 116 Views