International Tax Ruling


Proposal to levy penalty when Entry-Tax not paid on account of prevailing law ‘unjustifiable’

Madras HC sets aside levy of penalty for non-payment of entry tax on imported heavy road laying vehicle in view of law prevailing at time of import; Finds that, law prevailing as on date of the import...View More

Sets-aside demand against Goldman-Sachs Services under 'Business-Support', 'Manpower-Supply' & 'OIDAR' service

CESTAT B’lore allows appeal filed by Goldman Sachs Services, sets-aside demand of service tax on Call Detail Processing service, usage of global telecommunication channel and payment of salary o...View More

Sets-aside order taxing Non-star category Hotel as Star Category for wrongly claimed ITC

Madras HC quashes Revenue’s order of bringing Assessee i.e. Hotel of non-star category under the purview of Section 7(1)(a) of the TNVAT Act on the ground that they had claimed ITC as contrary t...View More

'Prima-facie' merits of case coupled with 'discretionary-powers' hallmark for deciding stay-application

Delhi HC sets-aside the order of Delhi VAT Appellate Tribunal directing assessee to deposit disputed tax amount with interest and penalty offering no cogent reasons for making the afore-said direction...View More

Allows travel to foreign national accused of smuggling on medical grounds, mandated deposition of Rs. 10 lakhs

Delhi HC allows person of foreign origin accused of attempt to smuggling holding Kyrgyzstan passport to travel to the respective country for 45 days with a condition of depositing Rs. 10 lakh in FDR i...View More

Order enhancing value absent reasons recorded for rejection bad in law and facts

CESTAT sets aside impugned order of Revenue for confiscation of goods and enhancement of transaction value as not only bad in law but also on facts, thereby allowing Assessee’s appeal; Notes tha...View More

CENVAT denial where invoices issued in name of company now merged with assessee "unwarranted"

CESTAT Hyderabad finding no factual matrix sets aside the demand order imposed u/s 11A pursuant to the discrepancy in CENVAT credit availed on capital goods received by the assessee under the cover of...View More

Alert on IEC /withholding IGST merely on suspicion unwarranted, directs bank-account un-freezing

Bombay HC allows assessee’s writ petition directing the Revenue to unfreeze bank account, which were frozen earlier alleging involvement in circular trading; Perusing sub-section 5 of section 11...View More

CESTAT to decide credit-entitlement on deposit-insurance in conformity with LB decision, remands matter

Bombay HC allows appeal filed by Banks challenging CESTAT order disallowing CENVAT credit w.r.t. service tax on insurance premium paid to Deposit Insurance and Credit Guarantee Corporation for insurin...View More

Dismisses SLP against order allowing provisional-release of gold, silver imported, however, enhances bank-guarantee

SC dismisses SLP filed by Revenue against Delhi HC order which upheld CESTAT order directing ‘provisional release’ u/s 110 of Customs Act of gold, gold jewellery and silver; However, modif...View More