Latest Amendments and Recent News Views & Stories
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| Latest News Views and Stories |
| Does finance ministry think SEZ as 'special evasion zones'? | | The Special Economic Zones appear to be Special only to the Ministry of Commerce. In the eyes of the Finance Ministry, they are nothing but Special Evasion Zones. The Customs and Excise department looking over the day to day activity of SEZs always look at them with a suspicion and doubt...more | | |
| Recent Important Judgement |
| STO 2010 CESTAT 235 | Rent-a-cab Operator Service : Cum duty basis to be adopted as invoice show lumpsum amount :
Levy of tax on this service remained debatable, hence penalty not imposable...more | | |
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| STO 2010 CESTAT 236 | "Banking and Other Financial Services" :
Collection of taxes and deposit with Government merely operation of bank accounts: Recovery stayed...more | | |
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| STO 2010 CESTAT 237 | Demand of tax : Allegations of suppression of facts not present in the show cause notice :
Demand cannot be sustained on the ground of suppression...more | | |
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