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Supreme Court Allows Appeal in Part in Foreign Currency Arbitral Award Enforcement Case. Twin Principles Laid Down: Date of Enforceability for General Conversion, Date of Deposit for Amounts Deposited in Court.

The Supreme Court addressed the issue of the correct date for converting a foreign currency arbitral award into Indian rupees for enforcement. The app...

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High Court of Karnataka Allows CENVAT Credit on GTA Service for Cement Manufacturer — Place of Removal Includes Buyer's Destination. Interpretation of 'Place of Removal' under CENVAT Credit Rules, 2004 for outward transportation of goods sold on FOR destination basis.

The appellant, M/s. Madras Cements Limited, a manufacturer of cement, filed an appeal under Section 35G of the Central Excise Act, 1944 against the fi...

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Bombay High Court Dismisses PIL Challenging Metro Construction Method as Withdrawn, Imposes Costs for Abuse of Process. Court finds the petition was filed with oblique motive to pressurize the developer for personal demands, not genuine public interest.

The petitioner, Dr. Monica Matani, filed a Public Interest Litigation (PIL) before the Bombay High Court complaining about the construction method ado...

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Bombay High Court Upholds Tribunal in Sales Tax Reference — Activity on Customer's Goods Not Manufacture. Processing of customer-supplied goods constitutes works contract, not manufacture, under Bombay Sales Tax Act, 1959, and purchase tax under Section 13AA is not leviable.

The case involves a reference under Section 61(1) of the Bombay Sales Tax Act, 1959, at the instance of the Revenue, against the judgment of the Mahar...