International Tax Ruling


Affirms HC order upholding amendment to 1996 Andhra Pradesh Industrial policy, but quashes interest, penalty 

SC affirms Andhra Pradesh HC judgment upholding the validity of amendment made to Rule 67 of the A.P. VAT Rules, 2005 vide GOMs. No.503 dated May 8, 2009, however, to the extent the amendment led to d...View More

Cannot fasten 'Steamer Agent'/'Importer' with tax liability under RCM on CIF import transaction 

In a 103 pages judgment, Madras HC holds that service tax cannot be demanded from “steamer agents” or “importers” in India on transportation of goods by foreign vessels in...View More

Concession withdrawal by Govt. cannot be subject of judicial-scrutiny: HC erred in judging reason-merits 

SC delivers ruling in Central govt/Revenue’s favour on the question of its power to withdraw benefit of concession rate on imported goods (printing machine) by amending the exemption notificatio...View More

Supreme Court split on invocation of Doctrine of 'Legitimate Expectation'; Justice Murari propounds 10 principles

A division bench of Supreme Court renders split verdict on the question of appellants being entitled to a sales tax exemption despite an amendment to the West Bengal Sales Tax Act, 1994...View More

Supreme Court split on invocation of Doctrine of 'Legitimate Expectation'; Justice Murari propounds 10 principles

A division bench of Supreme Court renders split verdict on the question of appellants being entitled to a sales tax exemption despite an amendment to the West Bengal Sales Tax Act, 1994...View More

Revenue cannot withhold release of goods post payment of Redemption Fine

Delhi HC directs Revenue to handover the seized goods (watches) to the Assessee on finding no justification for to withhold the release of the said goods even after payment of redemption fine; Hol...View More

Revenue cannot withhold release of goods post payment of Redemption Fine

Delhi HC directs Revenue to handover the seized goods (watches) to the Assessee on finding no justification for to withhold the release of the said goods even after payment of redemption fine; Holds t...View More

Iron-scrap taxable at point of purchase by last dealer in State: Dismisses assessee's revision 

Andhra Pradesh HC upholds appellate order passed by Sales Tax Appellate Tribunal (STAT) confirming revisional order passed by Deputy Commissioner (cumulatively, lower authorities) under Andhra Pr...View More

Quashes levy on materials procured by Power-Grid from outside State & transferred to contractor

Jammu & Kashmir HC answers reference in assessee’s favour, rules that the act of importing/purchasing goods (tower material, conductors, sub-station material, steel, cement) from outside the...View More

Chemical Preparations for cinematographic-films, produced in situ and captively consumed, not marketable goods 

SC upholds CESTAT order holding that chemical preparations used in the processing of cinematographic films, produced by Assessee in situ and captively consumed are not marketable goods falling under C...View More