International Tax Ruling


Upholds CESTAT order allowing Shipping Bill amendment after Let Export Order 

Gujarat HC dismisses Revenue’s Appeal against CESTAT’s order permitting assessee to amend shipping bills (SBs) post Let Export Orders (LEOs) citing “peculiar facts and circumsta...View More

Invoice-difference not sufficient ground to re-determine values; Penalty levy basis extrapolation 'impermissible'

CESTAT, Hyderabad rules that, in absence of investigation, mere difference between two sets of invoices cannot be a sufficient ground to reject the transaction value and redetermine it as per the manu...View More

Reliance Industries entitled to CENVAT on LPG arising as by-product during petrol/diesel/ATF manufacture 

Gujarat HC (Division Bench) allows refund of CENVAT Credit reversed/paid under Rule 6(3) of CCR, 2004 on removal of LPG under the Domestic Subsidy Scheme, dismisses Revenue’s challenge against C...View More

Distinguishing between 'compensation' and 'consideration', quashes demand on ‘Notice Period Pay’

CESTAT Bangalore debunks confirmation of adjudged demands on assessee for collection of certain amount as ‘Notice Period Pay’ or ‘Bond Enforcement Amount’ from their employees,...View More

Extends credit on furniture used in guest-house, Aluminium Zinc anodes used in laboratory

CESTAT Ahmedabad rejects Revenue’s appeal, allows CENVAT credit on furnitures used in Guest House of factory and Aluminium Zinc anodes used in laboratory of the factory; Notes that guesthouse is...View More

Directs manual SVLDRS application processing where electronic remittance failed due to miniscule discrepancy

Delhi HC directs Designated Committee (DC) to manually process Petitioner’s application under SVLDR Scheme, as Petitioner clearly made an attempt to remit electronically the "amount declared" be...View More

No credit reversal required on general provisioning for slow moving inventory by auto-part manufacturer 

CESTAT, New Delhi holds that reversal of credit is not required where Assessee (auto part manufacturer) only created a general provision for slow-moving inventory and has actually not written off the ...View More

GST regime governs refund redressal/disposal at appellate stage in view of savings clause

CESTAT Mumbai allows assessee’s appeal, thereby entitling it to refund of CENVAT credits worth Rs. 18 lakh (with interest), against which payment of Service Tax was made during the GST regime an...View More

Allows credit on services availed for hotel construction; Sets-aside demand on withholding-tax

CESTAT Hyderabad sets-aside demand on “withholding tax” paid to Income Tax department in respect of payment to foreign service providers by Assessee, constructing a seven star hotel; Furth...View More

Citing sub-judice status of Telangana’s competence to amend VAT Act, stays AO against Ola

Telangana HC grants relief to Ola Fleet Tech. Pvt. Ltd. (Petitioner-assessee), stays 3 assessment orders (AOs) passed u/s 21(3) of the Telangana VAT Act, 2005 alongwith all consequential steps finding...View More