International Tax Ruling


Appraisal of loan documents for bank not ‘Legal Consultancy’ but ‘Business Support Service’

CESTAT Delhi dismisses assessee’s appeal, holds that provision of legal and professional consultancy to banks/financial institutions by a Credit Consultantncy Firm is classif...View More

Tribunal becomes functus-officio from date of ‘resolution-plan’ approval by NCLT 

CESTAT Mumbai, in the matter relating to service tax dues of Jet Airways (assessee), opines that it has become functus officio “from the date of approval of the resolution plan by the NCLT&rdquo...View More

Grants relief to Customs-Cargo-Service-Provider by extending protective order till Tribunal is approached

Bombay HC, in matter regarding suspension of Petitioner’s license as a Customs Cargo Service Provider for 15 days, hears the writ petition on an urgent basis and directs continuation o...View More

‘Maize Starch’ taxable at 4%, not covered by general exemption entry under TNGST Act 

SC settles the confusion regarding taxability of ‘Maize Starch’ under the Tamil Nadu General Sales Tax Act, 1959 (TNGST Act), rules that ‘Maize Starch’ “undoubtedly being...View More

Allows exemption on aircraft chartered to Director of Group Companies: Directs 'redemption-fine' refund

CESTAT Delhi allows benefit of duty exemption on helicopters/aircrafts cleared by assessee for providing non-scheduled (passenger) services (NSOP) under permit by Directo...View More

Directs refund of IGST considering non-realization of duty drawback at higher rate

Bombay HC grants refund of IGST paid in relation to zero-rated supply of ‘insulated cables’ to a party based in Myanmar along with simple inter...View More

No suppression by Reliance in valuing goods following Tribunal's findings despite subsequent order reversal  

SC dismisses Revenue’s appeal against CESTAT’s order in case of Reliance  Industries quashing demand for extended period alleging undervaluation of finished goods&...View More

Quashes Revisional order communicated after 22 months delay without explanation

Punjab and Haryana HC sets aside a revisional order after observing that it was passed on February 3, 2020 but received by assessee-Petitioner on December 29, 2021 ie after 22 months of passing thereo...View More

Clean sweep for ‘Rajasthan Royals’; Central Rights Income, payment to foreign player not taxable

CESTAT Mumbai sets-aside demand against Jaipur IPL Cricket Co. [operating the IPL cricket team ‘Rajasthan Royals’ (RR)], on seven issues including promot...View More

Appeal concerning taxability & valuation of Collection Agency’s services by ICICI Bank maintainable before SC

Bombay HC disposes appeal, relegates Revenue to file appeal before Apex Court upon observing that issue in the present appeal is w.r.t. taxability and valuation of ‘facility services’ prov...View More