From our Legal Corner

By Vijay Kumar

Works Contract – No Service Tax before 1.6.2007.

Since service tax liability on Works Contract is brought into tax net from 2007, it can be argued that these services were not to be taxed earlier, observed the Tribunal – See details in our columns tomorrow.

Reliance wins Rs 130 Cr excise case - Cenvat credit cannot be denied on inputs and capital goods cleared to captive power plant to produce electricity even if exemption is claimed from payment of income tax for income from power plant being a new industrial undertaking - See this CESTAT judgement in our columns tomorrow