A doubt has arisen whether the Union Government is still competent to impose Central Excise Duty on all goods barring petroleum products and tobacco after bringing into force with effect from 16 September, 2016 the provisions of Section 17 of the Constitution (101st) Amendment Act, 2016 and whether the Union Government’s levying the tax from 16th September, 2016 … Continue reading WHETHER THE UNION GOVERNMENT CAN STILL LEVY EXCISE DUTY ON GOODS AFTER BRINGING SECTION 17 OF THE CONSTITUTION (101ST) AMENDMENT ACT, 2016 INTO FORCE W.E.F 16.09.2016?

Vide Notification dated 10.09.2016 the central government using the powers vested under section 1(2) appointed 12.09.2016 as the date on which the provisions of section 12 of the constitution (101st) amendment act shall come into force... On the other hand, Section 1 of the said amendment Act has been brought into force w.e.f. 16.09.2016, vide … Continue reading GST_101st Constitution Amendment Act, 2016_Notification dated 16.09.2016 has left various doubts

As we know the President of India, on Thursday (September 08, 2016) gave assent to the Constitution Amendment Bill on Goods and Services Tax (GST), a major step towards rolling out the new indirect tax regime which the Modi government wants to come into effect from April 1 next year. The passage of the bill … Continue reading GST Update_Constitute a GST Council

The Hon’ble Delhi High Court in the matter of eBIZ.com Private Limited versus Union of India & Ors. summarised the provisions of the Finance Act, 1994 relating to Arrest of a person under Section 90 and 91 of the Act as under: Please refer Para 79 of the judgment (click on the link http://lobis.nic.in/ddir/dhc/SMD/judgement/01-09-2016/SMD01092016CW7562016.pdf) “The scheme of the … Continue reading Service Tax Update_Delhi High Court summarised the provisions of the Finance Act, 1994 relating to Arrest of a person under Section 90 and 91 of the Act