CESAT classifies charter of aircraft as transport of passenger service – Times of India

[ad_1] MUMBAI: In a recent ruling, the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench, classified aircraft charter as an air transport of passenger service, rather than a supply of tangible goods service.CESTAT’s decision was based on several factors, including the registration of the taxpayer with the Directorate General of Civil Aviation (DGCA)…

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Novo Nordisk to buy Cardior Pharmaceuticals for up to $1.1 billion – Times of India

[ad_1] COPENHAGEN: Denmark’s Novo Nordisk on Monday said it has agreed to buy Cardior Pharmaceuticals for up to 1.03 billion euros ($1.11 billion) to strengthen its cardiovascular pipeline. The acquisition is in line with the Danish drugmaker’s aim to expand its focus on diabetes and weight-loss therapies to include cardiovascular disease treatments. “By welcoming Cardior…

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