Page 41 - Central Excise News Today : Breaking News, Live Updates & Top Stories | Vimarsana

The bench was hearing a petition filed by city-based firm UPL Limited, seeking to quash a show-cause notice issued to it in October 2010 by the Commissioner of the Central Excise department alleging non-payment of service tax. While quashing the notice, the bench noted that this was "another classic case of lackadaisical approach" by the Commissioner of the Central Excise Department in not adjudicating a show-cause notice issued 13 years ago.

The Supreme Court has ruled that in case of winding up of a company, the customs duty owed by the company would be treated as a preferential payment under Section 530(1) (a) of the Companies Act,...

Judgments/OrdersRegistration Of FIR Mandatory If Information Discloses Cognizable Offence: Supreme Court ReiteratesCase title: Sindhu Janak Nagargoje v. State of MaharashtraCitation: 2023 LiveLaw (SC)...

Supreme Court Income Tax Settlement Commission's Purpose Is To Give Assessee Chance To Disclose Undisclosed Income To Seek Immunity : Supreme Court Case Title: SHREE NILKANTH DEVELOPERS...

The Supreme Court has recalled its Division Bench judgment dated 10 April 2023, where the top court had ruled that Duty Free Shops situated in the arrival or departure terminals of Airports are...