PREFACE Under the erstwhile Central Excise regime, Section 11B of the Central Excise Act, 1944 read with Rule 5, Rule 5A and Rule 5B of the Cenvat Credit Rules, 2004…
Introduction Virtual currencies, the most popular of them being ‘bitcoin’, have taken the world by a storm in this last decade. Currently, there are over 1600 virtual currencies being circulated.…
1. Transferable Development Right (TDR) is compensation in the form of Floor Price Index (FSI) or Development Rights which shall entitle the owner for construction of built up area. This…
Introduction Even though God rules in the affairs of men, yet the earth is not God’s jurisdiction. It is man’s jurisdiction. This quote is apt to set the tone…
INTRODUCTION As was being promoted, Goods and Services Tax (GST) was touted to be the single biggest tax reform to take place in India post-independence. It was intended to be…

The department challenged the order passed by CESTAT wherein, the tribunal, inter alia, held that the activity of digital offset and offset printing amounts to manufacture and the same is…