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 …
Online Tax portal, Tax Guru recently published an article on the topic “Doctrine of Partial Merger again upheld by Hon’ble Haryana Tax Tribunal” wherein Adv. Puneet Agrawal, Partner, ALA Legal’s and Adv. Gaurav Gupta, Associate, ALA Legal, expressed their views on the recent final order passed by Hon’ble Haryana Tax Tribunal in the case of …
Click here for copy of the presentation- Recent Judgements and it impact/benefit for Industry
The Hon’ble Delhi High Court, has in the case of GeetanjaliYog LLP v. Union of India in W.P. (C) 13531/2019 issued notice and granted interim relief to the Petitioner on their plea that the power of initiating Audit proceedings for verification of documents and records are not provided for in the Finance Act. The grievance …
The Hon’ble Allahabad High Court in Sales/Trade Tax Revision No. – 22 of 2011 and 23 of 2011, matter between Skoll Breweries Limited v. Commissioner of Commercial Tax, UP, has quashed the Order of the Commercial Tax Tribunal, Meerut, for passing the order beyond its jurisdiction for: “Treating Spent Malt as unclassified goods subjecting them …
Within three years of its inception, the Insolvency and Bankruptcy Code, 2016 (hereinafter referred to as “Code”), has proven to become one of the most successful economic reforms in the Country with regard to resolution of stressed assets. The enactment of the Code has led to a greater stability in financial systems, being fundamental to …
On recommendations of GST Council in its 37th meeting,a sub-rule (4) to Rule 36 of the Central Goods and Services Tax Rules, 2017 (hereinafter referred as “CGST Rules”) has been inserted vide Notification No. 49/2019 dated 09.10.2019 w.e.f 09.10.2019. The said sub-rule restricts the ITC of the invoices, the details of which have not been …
The Hon’ble Delhi High Court has vide order dated 20.08.2019 allowed writ petition wherein the Petitioner was unable to claim transitional credit under the GST regime due to its inability to connect to the common portal during the prescribed period. Further, it was observed that since the Petitioner was unable to even connect with 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 …
The Hon’ble High Court of Delhi vide order dated 05.08.2019 in the case of Sheel Chand Agroils (P) Ltd. v. Government of NCT of Delhi in W.P.(C) 3245/2019 set aside the impugned notification issued by Commissioner, DVAT cancelling the used F Forms. The Hon’ble Court relied on its earlier decision in Maa Jagdamba Traders v. …
