International Tax Ruling


No service-element in 'joint-operations' undertaken under PSC, quashes Rs. 11 crores demand on 'JV-constituent

CESTAT Mumbai allows appeal filed by BG Exploration & Production India, holds that fulfilment of obligation to contribute to capital of Joint Venture (JV) is beyond the scope of taxation under Fin...View More

Enhancement of dues in SVLDRS-3 absent hearing-opportunity “grossly in violation” of natural-justice principle

Bombay HC quashes and set-aside enhancement of dues from Rs. 71 lacs (approx.) (as accepted by assessee in Form SVLDRS-2A) to Rs. 2.19 crores (approx.) in FORM SVLDRS-03 issued by Revenue, holds same ...View More

Bank-account attachment of public-company's ex-director 'unjustified', draws distinction with 'private-company'

Bombay HC holds attachment of Bank Account u/s 44(6) of MVAT Act of assessee, a director of a ‘public company’, as unjustified and without any legal sanction; Observes that, “Sub Sec...View More

Commissioner(Appeals) lacks power to 'remand'/'re-investigate', restores Dy. Commissioner's order allowing CENVAT on goods-returned

CESTAT Delhi sets aside Commissioner’s (Appeals) order citing lack of power to remand, holding that there is no error in the order-in-original passed by the Dy. Commissioner (DC) allowing CENVAT...View More

Revenue cannot take different stand as per convenience & impose additional duty on Assessee

Madras HC dismisses Revenue’s appeal against order of CESTAT which held that Assessee could not be attributed with any suppression of relevant facts in regard to valuation in respect of Steel Ba...View More

Enhanced-duty on imports from Pakistan applicable to B/E presented after notification-publication in gazette

SC dismisses the appeals filed by UOI, holds that Notification published late evening in Gazette enhancing customs duty rate on imports from Pakistan shall not be applicable to bills of entry (B/E) pr...View More

Holds 'transaction-value' rejection of imported second-hand devices 'arbitrary', restores 'declared-value'

CESTAT Delhi holds the rejection of the transaction value of imported goods (old and used Digital Multifunctional Devices) as arbitrary and thus, sets it aside thereby, restoring the declared value fo...View More

Directs C-Form issuance w.r.t. HSD procured inter-state for auto-parts manufacturing, allows writ

Rajasthan HC directs Revenue to issue “C” Forms in respect of High Speed Diesel procured by the assessee for manufacturing of automobile parts through inter-state trade; Takes note of asse...View More

Directs C-Form issuance w.r.t. HSD procured inter-state for auto-parts manufacturing, allows writ

Rajasthan HC directs Revenue to issue “C” Forms in respect of High Speed Diesel procured by the assessee for manufacturing of automobile parts through inter-state trade; Takes note of asse...View More

Sets-aside Dy. DGFT order cancelling Rs. 6.3 crores SEIS scrips, remands matter to Additional DGFT

Calcutta HC sets-aside order passed by Deputy Director General of Foreign Trade (DGFT) cancelling SEIS scrips worth Rs. 6.3 Crores, imposing penalties on the Petitioner, its directors and demanding co...View More