International Tax Ruling


Period during which writ pending before HC excludible for computing limitation for statutory-appeal 

SC allows assessee's civil appeal, observes that, the period during which the matter was pending before High Court (HC), ought to be excluded since the HC specifically granted liberty to assessee to f...View More

Demand-Notice against works-contractor for Chennai Metro's failure to deduct TDS 'without jurisdiction'

Madras HC holds that Chennai Metro Rail Ltd. (CMRL/contract-awarder) is responsible for TDS deduction and if CMRL failed to deduct the amounts u/s 13(1) of the TNVAT Act, 2006, machinery under Section...View More

Dismisses Revenue's appeal against CESTAT-ruling quashing safeguard-duty on 'Diffused/Undiffused Silicon Waffer' 

SC dismisses Revenue’s appeal against CESTAT ruling which quashed demand of ‘safeguard duty’ on Diffused/Undiffused Silicon Wafer/Blue Wafer (DSW); While accepting Assessee's content...View More

Quashes demand on non-compete clause in share- transfer agreement between 'Ola' & 'Taxi for Sure' 

CESTAT Bangalore sets-aside service tax demand on non-compete clause in a share transfer agreement to sell personal holding of equity shares by Serendipity Infolabs Pvt. Ltd. (SIPL/Assessee) operating...View More

‘Liquidated Damages’ not construable as price of cars, rules in favour of Volkswagen

CESTAT Mumbai rules in favour of assessee in respect of whether the ‘Liquidated Damages’ paid by Skoda Auto India Pvt. Ltd. (SAIIPL) to it are part of price of cars sold by assessee and li...View More

Upholds confiscation of readymade garments overvalued to claim export-benefits, reduces fine / penalty 

CESTAT, New Delhi upholds confiscation of readymade garments found to be overvalued to claim undue export benefits during market survey however, reduces the redemption fine to Rs. 2,00,000/- and penal...View More

Imported Nutritional Supplements not being food preparations classifiable under Residual Entry 453 of Notification no. 01/2017 

CESTAT, Ahmedabad quashes order classifying Nutritional Supplements imported by the Assessee being preparations of substances such as Creatine, Nitrates, Glutamine and Amino Acids under Serial No. 9 o...View More

Quashes penalty-imposition alleging smuggling basis statements during investigation; Directs remand with cross-examination 

CESTAT, Ahmedabad sets aside order imposing penalty on Assessee alleging smuggling merely on the basis of statements recorded during investigation and without even granting cross-examination; Notes th...View More

Copy of HC-judgment quashing service-tax liability of VCFs managing investors’ money

Karnataka HC allows a batch of 48 appeals filed by ICICI Venture Capital Funds (VCFs) against the CESTAT ruling which held that VCFs retaining ‘carried interest’, ‘performance fee&rs...View More

Failing to establish betel nuts of foreign origin dismisses appeal, smuggling allegation 

Calcutta HC affirms the order passed by CESTAT Kolkata wherein it ruled in favour of assessee with a categorical finding that “the department has failed to establish that the said goods are smug...View More