International Tax Ruling


Import licence conditions cannot defeat duty-free exemption benefits; Quashes order 

CESTAT Delhi sets aside the order confirming customs duty, penalty, and redemption fine on import of gold dore bars on the ground of alleged breach of import licence conditions issued by the DGFT; Hol...View More

Upholds declared value of gold imported on ‘consignment sale basis’ ; Rejects Transaction Value Method 

CESTAT Chennai sets aside differential duty demand on Kotak Mahindra Bank (a nominated agency for buying and selling of gold bars) on import of gold bars from foreign suppliers on consignment sale bas...View More

Router Components Not Standalone Communication Devices; Classifiable under HSN 8517 70 90 as “Parts” 

CESTAT Delhi in case of Bharti Airtel rules that components of router, such as Moduler Port concentrator, Module Interface card, Fixed Configuration MPC and Switch Fabric or Switch Control Board, are ...View More

Copy of SC judgment holding Gazette publication as effective date for MIP on steel imports 

SC holds that DGFT Notification No. 38/2015-20 introducing Minimum Import Price (MIP) for specified steel products under Chapter 72 of ITC (HS), and the restrictive Letters of Credit (LoC)-based exemp...View More

Refusing to re-classify ‘Felt’ as ‘fabric’, upholds differential tax demand; Taxable as machinery part 

Madhya Pradesh HC (Indore Bench) dismisses assessee’s appeals and upheld the classification of ‘Felt’ as a machinery part taxable at the higher rate, rejecting its claim for classifi...View More

Legal heir not ‘Agent’ to justify continuation of adjudication against a deceased Assessee

Orissa HC sets aside an ex parte Order-in-Original raising service tax demand against a deceased assessee, holding that “in absence of provision to continue with the proceeding after the death o...View More

Modifies 100% bank guarantee requirement for provisional release, citing inconsistency with later clearances 

Bombay HC relaxes the condition of furnishing a 100% bank guarantee (BG) for provisional release of seized inshell walnuts, noting the inconsistency where subsequent imports were cleared on provisiona...View More

DGFT Circular cannot curtail export incentives for ‘technical textiles’; Upholds striking down

Delhi HC dismisses LPA of UOI/DGFT against the single bench judgment which had struck down the Policy Circular dated October 21, 2011 on the eligibility of “technical textiles” under the F...View More

Copy of SC-judgment holding 'Fees' paid to speaker via booking-agent, not taxable as 'Event Management Service' 

SC quashes Rs. 60.5 lakh service tax demand on HT Media (Assessee) for the period October 2009 to March 2012, holding that fees paid to eminent speakers for addressing the Hindustan Times Leadership S...View More

Indian organizer arranging speakers for events through overseas agents, taxable for ‘EMS’ on RCM-basis 

CESTAT Delhi, for the periods of 2006-07 to 2009-10 and 2011-2012, holds that services rendered by overseas agents in arranging eminent speakers for an Event (Annul Summit) organized by the Assessee, ...View More