International Tax Ruling
Allahabad HC holds that the Assessee (Sugar Manufacturing Unit) clearly falls within the ambit of the Notification dated August 10, 2017, wherein the industrial units registered under the U.P. G.S.T.
...View More CESTAT Ahmedabad rules that advertising expenses reimbursed to the Assessee is ultimately borne by the franchisee because the same is part of its business expenses which cannot be included i
...View More CESTAT Ahmedabad quashes orders confirming interest demand, confiscation of goods, imposition of redemption fine and penalty on goods imported in violation of pre-import condition citing absence of an
...View More Bombay HC directs Revenue to issue discharge certificate to the Assessee in Form SVLDRS-4 after Revenue issued communication seeking to reject Assessee’s application on the ground that payment o
...View More CESTAT Delhi quashes the demand, alongwith penalty u/s 28(4) of the Customs Act, 1962 against Benetton India (assessee) for simply making an error in classifying ‘Knitted Jackets&rsqu
...View More Allahabad HC upholds Tribunal’s classification of Emami’s Boro-plus Antiseptic Cream (BPAC) as a medicated ointment having therapeutic uses covered under Entry No. 41 of Schedule II Part (
...View More SC turns down appeal of Department against Toyota Industries Engine Ltd. (assessee/Respondent) in matter pertaining to whether penalty is ‘mandatory’ under Karnataka VAT Act (KVAT) and rul
...View More Karnataka HC held that “the levy of penalty under Section 72(2) of the Act is neither automatic nor mandatory”; From section 72 (2) of the Karnataka VAT Act HC inferred that when dealer ha
...View More Bombay HC rules on adjustment of refund against demand which did not exist on the date of adjustment of refund under Settlement Scheme; In turn, upholding assessee’s entitlement to refund of exc
...View More Bombay HC set-aside VAT assessment order as well as notice raising demand of Rs. 741 crores on sale of petroleum crude and natural gas effected by the Assessee (B.G. Exploration and Production India L
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