- SC : Ink & chemicals used in lottery-ticket-printing under works-contract taxable as 'sale'; Finds tangible transfer
- SC : Upholds ITC benefit for purchaser-dealer despite selling-dealer's failure to deposit tax
- SC permits DRI probe into goods transshipped from Pakistan; Suspends HC’s SCN deadline
- SC dismisses Revenue’s SLP on dropping Rs. 125 cr service-tax demand over Airtel’s call free allowance
- SC : Upholds Cadbury's ‘Perk’ classification as ‘Wafer Biscuit’ entitled for concessional duty-rate; Dismisses Revenue’s appeal
Union Cabinet approves promulgation of Dadra and Nagar Haveli VAT (Amendment) Regulation, 2015 by the President under Article 240 of Constitution; Accordingly, VAT leviable @ 5% on goods specified in Third Schedule, in terms of amendment to Sec 4(1)(b) of VAT Regulation 2005; Same would help generate additional gross revenue and net tax generation of around Rs 120 Cr
Press Release dated August 18, 2015
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