Welcome to our website
We strive for, Constant Value Addition with honesty and integrity
Our mission is always to strive to be the front-runners in our profession and be a one stop value additive firm. Our endeavour is to enable our clients to get value added services from us even as we acknowledge our ever evolving professional responsibilities. Our motto requires us to remain updated about the latest developments in the field of accounts, audits and taxation and to train oneself as well as the team to achieve the objective.
Excellence to us, is about adding value beyond what is expected by delivering unique solutions – on time through our innovativeness and insight, and by employing best practices, all translating into work of the highest quality.
CBEC clarifies that B17 bond in case of EOU/STP/EHTP would serve the requirement of continuity bond and there would not be any need for furnishing additional or separate continuity bond. It has also further clarified that inter-unit transfers between EOU/STP would be without payment of customs duty though applicable GST would have to be paid. Clarification on inter-unit transfer and B17 bond for EOU.
Obtaining an opinion from an expert and filing of declaration with Central Excise Department as to activity undertaken leads to restriction of demand to limitation period alone without extension of the same - Supreme Court in Jayant Juneja Vs CCE Jaipur (2015 (12) TMI 669 Supreme Court)
To determine classification, the test of commercial identity of the goods would be the relevant test and not the functional test - Supreme Court in M/s Cast Metal Industries (P) Ltd Vs CCE IV Kolkata (2015 (11) TMI 833 Supreme Court)
Supply of smart cards to RTO after embedding information is not a sale. It is a contract for labour and service with smart card having no commercial value in open market - Karnataka High Court in Zylog Systems (P) Ltd Vs Additional Commissioner of Commercial Taxes (2015 (11) TMI 1391 Karnataka HC)