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CESTAT Abates Service Tax Appeal against Vasan Dental Hospitals since Company is Undergoing Liquidation [Read Order]

The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has abated the Service Tax appeal filed by the Department, noting that the company is under liquidation and no application for continuance has been made by the official liquidator. The assessee-respondent, Vasan Dental Hospitals Private Limited, was engaged in providing dental related…

Diesel systems specialists facing uncertain future

Cornell Diesel Systems has been around for over 50 years. Image: Supplied One of Australia’s leading diesel systems specialists has entered administration, leaving hundreds of staff facing an uncertain future. A total of 23 companies under the Cornell and MTQ Group entered voluntary administration late last month with unknown debts. The most well-known trading entity,…

Second restaurant linked to MasterChef star Reynold Poernomo’s enters administration just months after trendy cocktail bar folds

Melbourne‘s KOI Dessert Bar, founded by MasterChef star Reynold Poernomo and his brothers, has entered voluntary administration little more than a year after opening its doors. The Queen & Collins venue launched in July 2024 with a 42-seat dining room, retail patisserie, and high-end dessert sculptures. It marked KOI’s first expansion outside Sydney, where the…