CESTAT Delhi's ruling favors Indian Airlines Ltd, excluding freight & insurance from duty calculation for ATF consumed in aircraft fuel tanks. Full text of the order provided. The post F… Read More

Synopsis In subsequent fortnightly reviews, the government scrapped the export tax on petrol and jet fuel (ATF) and more than halved the export tax on diesel to Rs 5 per litre. The just-intr… Read More

Introduction: Firms devise several strategies to maximise their profits, sometimes, however, the market conditions turn out to be favourable s… Read More

Amendments to the GST Act made retroactively in the Finance Bill of 2022… Read More