CESTAT-Penalty u/s 114A of Customs Act not permissible in the Absence of Evidence

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE   Dated: 28.11.2022 CESTAT-Penalty u/s 114A of Customs Act not permissible in the Absence of Evidence The Delhi Bench of the Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that penalty u/s 114A of the Customs Act,1962 is not permissible in the …

Breaking-GST on Crypto Currencies

BORN IN INDIA I SERVED FROM INDIA I TO THE GLOBE   Dated: 14.11.2022 GST in the anvil on Crypto Currencies   The Central Board of Indirect Taxes and Customs (CBIC) is working on defining legal framework for applying GST on crypto currencies and virtual digital assets. The Ministry of Finance, Govt of India, after …

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