CBIC calls for ‘disciplinary’ action in case of appeal dismissed on account of late filing
January 20, 2021
Officials told to strictly adhere to timeline in filing appeals/ petitions before courts or tribunal
The Central Board of Indirect Taxes & Customs (CBIC) has asked its supervising officials to take disciplinary action in case an appeal is dismissed by the courts due to delay in filing the appeal. It has also called for following prescribed timeline ‘strictly’ when filing appeal at various judicial forums.
The CBIC is the apex policy making body at the Centre for indirect taxes.
A circular sent to all Principal Chief Commissioners/ Chief Commissioners of Customs & GST and all Principal Director Generals/ Director Generals of Customs & GST asked field formations to strictly adhere to the aspect of limitation in filing appeals/ petitions before courts or tribunal. “The practice of filing Condonation of Delay Application in a mechanical fashion, without attributing c
Sourav Ganguly gets Rs 1.5 crore service tax relief
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This story is from December 16, 2020
Sourav Ganguly gets Rs 1.5 crore service tax relief
TNN / Updated: Dec 16, 2020, 12:35 IST
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Sourav Ganguly (File photo)
NEW DELHI: Cricketer Sourav Ganguly, who is currently the president of the Indian cricket board, has won a relief from the tax tribunal in a Rs 1.5-crore service tax claim. A bench of the Customs, Excise and Service Tax Appellate Tribunal in Kolkata has dismissed the service tax commissioner’s demand raised in November 2012 under business auxiliary service, support services of business or commerce, with interest and penalty.
Sourav Ganguly relieved of Rs 1 5 crore service tax liability mid-day.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mid-day.com Daily Mail and Mail on Sunday newspapers.
Walmart-owned Flipkart Internet Private Limited, which operates as an online shopping website, reported a 32 per cent jump in its revenues for the financial year 2019-20 (FY20) at Rs 6,318 crore as compared to the last financial year. The company further reported a net loss of Rs 1,937 crore during the same period. This is a 19 per cent increase from the previous financial year, showed regulatory documents sourced from business intelligence platform Tofler. The company’s total expenses during the period under consideration were at Rs 8,254 crore. The revenue of the company was mainly generated from e-commerce, IT-enabled services, marketplace and related support services. The majority chunk of the business comes from marketplace and logistic operations.
Clean chit for Sourav Ganguly in an old Service Tax dispute with indirect tax department
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Synopsis
As per the detail of the case the dispute was over a tax liability of Rs 1.51 crore. The issue was whether a celebrity prompts only a brand that cannot be construed as brand endorsement.
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The CESTAT held that such services are to be taxed as brand endorsement/ brand promotion which was introduced only w.e.f July 1 2010.
Mumbai: Former skipper Sourav Ganguly has got a clean chit in an old service tax case. The Customs Excise and Service Tax Appellate Tribunal (CESTAT) has set aside a service tax liability.