April 1, 2026 : The Ahmedabad Bench of the Income Tax Appellate Tribunal (ITAT) has held that reassessment proceedings cannot be initiated merely on the basis of general investigation reports relating to penny stock transactions, without any material directly linking Read more…
April 2, 2026 : The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside an excise duty demand of ₹1.52 crore against M/s. General Commodities Pvt. Ltd., holding that valuation of goods manufactured through Read more…
March 30, 2026 : The National Company Law Appellate Tribunal (NCLAT), Principal Bench, New Delhi, has dismissed an appeal filed by MMTC Limited challenging the settlement scheme of National Spot Exchange Ltd. (NSEL), holding that the issue has attained finality Read more…
March 30, 2026 : The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed the appeal filed by Komatsu India Private Limited, holding that CENVAT credit amounting to ₹84.08 lakh on input services used for Read more…
March 30, 2026 : The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a customs duty demand of ₹51.80 lakh along with penalties imposed on Container Corporation of India Ltd. (CONCOR), holding Read more…
March 30, 2026 : The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has upheld the levy of additional duty of customs equivalent to Rubber Cess on imported natural rubber, dismissing the appeal filed by M/s. Read more…
March 30, 2026 : The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) ruled that exemption under a customs notification cannot be claimed where the imported goods are expressly excluded and statutory conditions remain unfulfilled. The Read more…
March 30, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Kolkata Bench, has set aside a service tax demand of ₹6,25,706 raised against M/s Radiant Advertising & Marketing (India) Pvt. Ltd., holding that the extended period of Read more…
March 30, 2026 : The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Allahabad Bench, has held that service tax cannot be levied merely on the basis of invoices raised prior to completion of services, particularly where the services were Read more…
March 30, 2026 : The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that a job worker is entitled to avail CENVAT credit on capital goods even where invoices are issued in the name Read more…