International Tax Ruling
CESTAT, Chennai holds the Assessee (Hyundai Motors) eligible to CENVAT credit of service-tax paid under ‘reverse charge mechanism’ (RCM), explains that when service-tax is paid under RCM a
...View More CESTAT, New Delhi quashes Rs. 14.25 crores demand against Satyam Cineplex (Assessee) confirmed under ‘renting of immovable property’ category on exhibiting films of film distributors witho
...View More Allahabad HC holds that pending the first Sabka Vishwas (Legacy Dispute Resolution) [SVLDRS] Scheme application, the Adjudicating Authority, who was also a member of Designated Committee (DC) could no
...View More Madras HC rules on issue relating to reversal of Input Tax Credit (ITC) on invisible loss occasioned during the process of manufacture of Ghee, in terms of Section 19(9)(iii) of the Tamil Nadu Value A
...View More Madras HC on observing that procedure of assessment hasn’t been followed, sets aside the Revenue’s order with a direction to complete the assessment within 8 sweeks; Discerns that “t
...View More CESTAT Delhi allows CENVAT credit on ‘outward freight’ in case of 'FOR destination sales' where seller-assessee retains the risk of loss until the goods reach the buyer, in terms of Rule 3
...View More Delhi HC stays penalty order against Nokia SEZ for shortfall in Net Foreign Exchange [NFE] obligations, permits exit from scheme on furnishing bank guarantee, with an undertaking to extend the same fo
...View More Madras HC extends interim protection order restraining Customs and DGFT authorities from debiting any amount pertaining to MEIS Licence/Scrip towards any payment/deductions of duties; However states t
...View More Gauhati HC directs consideration of application made by assessee to the Commissioner of Central Excise and GST, Guwahati requesting fixation of a special rate as per the actual value additions to manu
...View More Madras HC sets-aside orders levying interest u/s 24(3) of the Tamil Nadu General Sales Tax Act, 1959 on tax amount already remitted by assessee pertaining to revisional assessment order making an addi
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