As perSection 2(d) read with Section 2(f) of the central Excise Act,1944, Customised software is an excisable goods and covered under 'Information ... Read Full Issue

an agreement done for payment of royalty on total sales made during the year @ 3%. Royalty worked out Rs. 1.70 crore on total sales made during the ... Read Full Issue

The unit has incurred expenditure in foreign currency for making payment of divident on its share/dibentures to the foreing parties. As per Section ... Read Full Issue

A copmany/group established since 2000 and having four units. One unit started in 2000, second in 2003 and remaining in the year 2008(exempted unit). ... Read Full Issue

whether credit of input material or input services prior to registration of central excise or service tax can be availed by the assessee? If so under ... Read Full Issue

Registered office having three units. One unit started from December 2007. Registered office was registered as Input service distributors prior to ... Read Full Issue

what is the formula for credit to be distributed among the exempted unit and dutable unit under ISD for common expenditure incurred by the corporate ... Read Full Issue