News & Updates Latest Tax newsRelief for Godrej Consumer: CESTAT Rules Sending Imported Goods to Job Worker is Not Violation of Target Plus Scheme Condition [Read Order] December 12, 2025The tribunal noted that the violation only occurs if the imported products are sold to job workers prior to conversion Abdullah TaxscanFailure of Due Diligence Not Enough to Invoke Extended Period for CENVAT Demand: CESTAT Gives Relief to Krishna Art Silk [Read Order] December 12, 2025The Tribunal ruled that the extended period under Section 11A(1) of the Central Excise Act, 1944 could not apply as there was no evidence of the appellant’s involvement in the supplier-side fraud. Abdullah TaxscanMobilization Advances Not Taxable Prior to POT Rules, 2011: CESTAT sets aside Service Tax Demand [Read Order] December 12, 2025CESTAT held that mobilization advances received were not taxable prior to the introduction of the Point of Taxation Rules, 2011, and set aside the service tax demand. Abdullah TaxscanVAT/CST Incentive Not Additional Consideration and Not Part of Assessable Value: CESTAT Holds Reimbursement cannot be Included u/s 4 [Read Order] December 12, 2025CESTAT held that the VAT/CST incentives received were government reimbursements and not consideration from buyers, and therefore could not form part of the assessable value under Section 4. Abdullah TaxscanDoctrine of Judicial Comity Bars Civil Court from Entertaining Forgery Case Pending Before NCLT: Delhi HC [Read Order] December 12, 2025The Court invoked the doctrine of judicial comity, stressing that courts must respect the authority of other forums to avoid conflicting decisions. Abdullah TaxscanSupreme Court Demands Explanation from UP Bar Council Over ₹2,500 Oral Interview Fee for Advocate Enrollment [Read Order] December 12, 2025The petitioner, Priyadarshini Saha, alleged that this practice was devised to circumvent the Court’s earlier judgment in Gaurav Kumar v. Union of India, which had struck down similar enrolment‑stage screening mechanisms. Abdullah TaxscanICAI Issues Updated CPE Requirements for COP and Non-COP Members December 12, 2025ICAI has updated its CPE requirements for both COP and Non-COP members, introducing clearer annual credit obligations and revised rules for structured and unstructured learning. Abdullah TaxscanboAt's ₹1,500 Crore IPO Hit by Auditor Red Flags on Mismatched Financial Statements December 12, 2025The Statutory Auditors have made troubling remarks on the financial performance across the boAt corporate structure. Abdullah TaxscanMandatory E-Invoicing in UAE: Businesses to Face Fines for Non-Compliance, Full Details Inside December 12, 2025The resolution also targets delays in reporting technical issues. Businesses are required to notify the Federal Tax Authority (FTA) immediately if there is a system malfunction or disruption in the e-invoicing platform. Abdullah TaxscanMahindra hiring Chartered Accountants December 12, 2025Qualification Experience 5 to 7 years Industry Preferred Any Automotive or component manufacturing company or other manufacturing company Qualifications CA or ICWAI Responsibilities & Key Deliverables Material Cost: Detail analysis of BOM on regular basis and its impact on product wise contribution margin In depth analysis of purchase cost for BOM items on regular basis […] Abdullah Taxscan
