International Tax Ruling


Dismisses Revenue’s appeal against CESTAT order on ‘Platinum Sponge’ classification for 402 days delay 

SC dismisses Revenue’s civil appeal against CESTAT ruling on classification of ‘Platinum Sponge’ in assessee’s favour, for gross delay of 402 days; CESTAT held that ‘Plat...View More

‘Platinum Sponge’ classifiable as ‘Unwrought Form’ under CTI 71101110, eligible for CVD exemption 

CESTAT Mumbai holds that ‘Platinum Metal or Platinum Sponge’ imported by assessee for maufacturing electrical contacts, precious metal chemicals and catalysts etc, is correctly classifiabl...View More

CESTAT empowered to award compensatory-interest on excess-duty retention for decade-long adjudication delays 

Orissa HC finds no fetter on the part of CESTAT in granting compensatory interest to Vedanta Ltd. u/s 27A of Customs Act on excess amount of the duty paid by Assessee considering that an adjudication ...View More

Foodgrains, rice dealer ineligible to avail ITC on closing stock not resold 

Allahabad HC allows revision petition by Revenue against order of Commercial Tax Tribunal, Allahabad by which benefit of Input Tax Credit (ITC) was accorded to assessee on finding that closing stock o...View More

Circular taking away exemption notified on ‘crude-degummed-soybean-oil’ has 'no legal consequence'; Reverses HC

SC allows Assessee’s civil appeal, grants exemption on import of crude-degummed-soyabean oil under the Duty-Free Credit Entitlement Scheme (DFCE) issued under the erstwhile E...View More

Allows CENVAT credit on Sugar Cess: Relying on Shree Renuka Sugars, dismisses Revenue's appeal 

Calcutta HC dismisses Revenue’s appeal, allows CENVAT credit on sugar cess relying on DB judgment in Shree Renuka Sugars Ltd. (SRS); CESTAT finds that Revenue’s plea in present case is ide...View More

Department cannot recover extinguished claims from property sold during CIRP: Allows assessee's review 

Andhra Pradesh HC allows Assessee’s review petition challenging the division bench order that effectively annulled the sale agreement between corporate debtor and Assessee in respect of an immov...View More

Micromax's mobile-charger sold with mobile in single-retail-pack, taxable at different rate; Follows Nokia's verdict 

Himachal Pradesh HC allows Department’s revision against the H.P. Tax Tribunal, holding that “battery charger cannot be held to be a composite part of cellphone but is an independent produ...View More

Clips Magistrate’s jurisdictional overreach on customs revaluation of smuggled liquor

Delhi HC allows DRI’s criminal original petition filed u/s-482 of CrPC challenging the order of the Magistrate to conduct revaluation of smuggled liquor seized by the Customs authorities pending...View More

Citing limitation, denies refund to Royal-Enfield on development-charges paid towards long-term lease 

CESTAT Chennai denies refund of service tax on development charges collected from Royal-Enfield (Assessee) by SIPCOT (Government Body involved in industrial development) towards long term lease grante...View More