corporate update for 1st november 2015
CORPORATE UPDATE FOR 1st NOVEMBER 2015 UPDATES 1. ST: Where assessee was under bonafide belief that its activities were non-taxable, same was a reasonable cause for non-payment of service tax in time, and hence, no penalty could be imposed in such case [2015] 196 (Mumbai – CESTAT) Arvind Processors (P.) Ltd. v. Commissioner of Central Excise & …