International Tax Ruling


IATA-agent receiving incentive/discounts for booking Airline/Shipping's cargo-space, not rendering BAS 

CESTAT Chennai's (Third Member), sets-aside the service tax demand under Business Auxiliary Service (BAS) on incentives/discounts received by assessee (an IATA Agent) for buying and selling cargo ...View More

Condemns Revenue's ex parte dismissal of BPCL's Revision Application; Cites travesty of compliance 

West Bengal Taxation Tribunal sets-aside ex-parte dismissal of revision application filed by Bharat Petroleum Corporation Ltd (BPCL) by the Fast Track Revisional Authority on the basis of the best jud...View More

Allows exemption on aircraft parts meant for repair/overhaul of imported aero-engines 

CESTAT Bangalore extends benefit of exemption of Notification No. 153/1994 on imported aircraft parts meant for repair/overhaul of aircraft engines received from abroad by clearing them under ex-bond ...View More

Demand raised basis difference in ST-3 return and Form 26AS figures unsustainable; Allows appeal 

CESTAT Delhi rules that the difference in figures reflected in ST-3 returns filed by the Assessee and Form 26AS filed under Income Tax Act cannot be the basis for raising service tax demand without ex...View More

No jurisdiction with Assessing Officer to re-determine/reverse ITC during re-assessment proceedings 

Allahabad HC, in a matter where re-assessment order u/s 29 of UP VAT Act reversed the ITC availed on raw products used for manufacturing of ‘Mentha Oil’, holds that, there is “No suc...View More

Dealer eligible to benefit of Notification 'generally' exempting 'Egg Trays' manufactured by SSI units 

AP HC dismisses Revenue’s revision petition against Tribunal order allowing exemption w.r.t. turnover tax levy on second sales by dealer (Assessee) of Pulp Moulded Egg Trays manufactured by Smal...View More

Corporate-guarantee received by 'India Yamaha Motor' from parent company not taxable pre-July 2012 

CESTAT Delhi rules that fee paid by India Yamaha Motor (assessee) to its parent entity in Japan in lieu of ‘corporate guarantee’ given by later would not be taxable under ‘Bank ...View More

State's power to grant exemptions on interstate sales remains unaffected post-2007 CST Act amendment 

Himachal Pradesh HC dismisses Revenue's revision petition, affirming Tax Tribunal decision on State’s power to issue notifications u/s 8(5)(b) of CST Act, granting total or partial exemption on ...View More

Upholds levy on commission received for advisory services to Cooperative Society, extended-period invocation 

CESTAT Delhi upholds service tax demand against Assessee on commission received for advisory provided to Adarsh Adarsh Credit Cooperative Society Ltd. (ACCSL),a defunct ponzi scheme,&nb...View More

Legislature contemplates adjournments to three dates; Critiques fixing successive dates, hearing-opportunity denial 

Allahabad HC sets-aside the adjudication order creating duty demand while critiquing fixing three 'successive dates' of hearing by a single notice; The Assistant Commissioner, CGST & Central ...View More