Indirect Tax (Old Regime) Archive
Hon’ble F.M. Mrs. Nirmala Sitharaman unveiled the budget 2021-22 and also issued Finance Bill covering various tax proposals. Overall, our view is that it is a balanced and a progressive budget presented by the government which will go a long way in the overall development especially the physical and the health infrastructure of our country. …
A registered dealer is in the process of revising its return and in the meanwhile, the Department has issued a notice for special audit. The Dealer manages to revise the return within the time period prescribed by law and pays the tax and interest on delayed deposit of tax. But despite so, the Department frames …
A discussion on maintainability of Writ Petition under Article 226 – where disputed questions of facts exist. Under Article 226 of the Constitution of India, the High Courts are given the power to issue writs. That this power to issue writ is a discretionary power of the High Courts. However, the High courts while entertaining …
In a recent ruling dated 10.12.2019, Hon’ble CESTAT, Allahabad has held that service tax paid on Workmen compensation insurance premium is admissible as Cenvat credit for the Assessee. The Tribunal observed that the expenditure was incurred for running the business, the service has to be held to be an input service Issue in brief: The …
The Hon’ble SC in the case of TVS Motor Company held that a dealer engaged in selling exclusively to Government entities can claim ITC even in absence of ‘C’ Form as there sales are easily verifiable. 1. The said judgement in the case of M/s TVS Motor Company Limited (Civil Appeal No. 10560-10564 …
Summary of SUVASINI CHARITABLE TRUST V. GOVERNMENT OF NCT OF DELHI & ANR. The petitioner was represented by a team of ALA Legal, lead by Mr. Puneet Agrawal, Partner, ALA Legal. He may be reached at puneet@alalegal.in Download full text here: Suvasini Charitable Trust – Delhi HC The Hon’ble High Court of Delhi on 26th October 2017 was …
An analysis of the Budget 2017 (tabled on 1st Feb 2017) – changes in Service Tax and CENVAT Credit – by Athena Law Associates Link to downloadable pdf below: Athena Analysis – Service Tax & Cenvat Changes by Budget – 2017
As we are well aware that constitutional validity of Entry Tax laws of several states was in challenge before the 9 Judges Constitution Bench of the Hon’ble Supreme Court led by the Hon’ble Chief Justice of India. The issue has been dealt with and the constitutional validity has been upheld. Despite the law laid down …
Puneet Agrawal, Shuchi Agrawal and Gaurav Gupta
February 1, 2021
GST / Goods & Service Tax, Customs, Indirect Tax (Old Regime)
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