[Published in Service Tax Review (a weekly journal on GST & Service Tax) – Vol.51 Part 3 dated May 18, 2017] By Srinivasan V, FCA & Prasanna Krishnan V, B.Com., FCA, DISA The season of finalisation of accounts for most companies for the year 2016-17 has commenced, which also means finalisation of directors’ remuneration (especially of private […]
The service of transportation of goods by a vessel from outside India to a customs station of clearance in India (i.e., import sea freight) has witnessed several sweeping amendments in less than a year. In this article, we delve on all amendments encompassing the person liable to pay tax, valuation / abatement and the point of […]
Fitness One Group India Ltd. v. Cus., C.Ex. & S.T. Sett. Comm., ChennaiBackground – Petitioner was aggrieved with a part of the Order passed by the Settlement Commission.Issue – Can a part of the Order passed by the Settlement Commission be disputed?Decision [by the High Court of Madras on Nov.01, 2016] – Petitioner cannot selectively accept a part of such Order […]