Tribunal examined whether assembly of RLMS units under a turnkey contract constituted manufacture. It held that on-site assembly and integration of components did not result in excisable goods. The ...

The content explains how SIP calculators help estimate potential returns and simplify investment decisions. It highlights their role in building confidence and encouraging disciplined ...

The Tribunal examined whether fund transfers to overseas branches constituted taxable services. It found no evidence of any service being rendered or received in India. The ruling held that mere ...

The court held that granting status quo over the full property was disproportionate to the plaintiff’s limited claim. It set aside the injunction for failing to consider balance of ...

The Tribunal held that delay due to lack of awareness and administrative oversight constituted sufficient cause. It set aside the rejection as the condonation request was not considered and remanded ...

The Court examined allegations of fraudulent ITC claims and found that the petitioner’s actions were bona fide. It held that no offence was established and granted anticipatory bail with ...

The court examined whether penalty and detention without notifying the known owner violated natural justice. Interim relief ...

The Court examined a challenge to an assessment order involving ITC reversal and interest liability. It held that failure to exercise statutory options for reduced penalty justified dismissal of the ...

The court held that amounts received under interim orders cannot be taxed as income when the dispute is unresolved. Taxability arises only after final adjudication crystallizes the ...

The court held that seizure and prohibition orders cannot continue without a confiscation proposal. The absence of such proceedings led to quashing of the ...

The authority introduced a digital system to track and manage food recalls. It enables regulators, businesses, and consumers ...

Inspections revealed absence of Principal and Compliance Officers and inadequate infrastructure. IFSCA initiated regulatory action to enforce strict ...