International Tax Ruling
Delhi HC via video conferencing quashes letter issued by Revenue seeking appointment of a common adjudicating authority in respect of all goods imported by the assessee at different customs locations
...View More Gujarat HC quashes assessment notice and consequent order raising VAT demand along with interest and penalty at 150% noting “many procedural lapses ……. going to the root of the mat
...View More Bombay HC directs the Revenue to unfreeze the seized bank account finding it “without any sanction of law”; Rebuts Revenue’s submission that account was frozen for alleged illegal av
...View More Kerala HC rules that amount admitted by Petitioner in tax-returns should be taken as 'quantified amount' for the purpose of testing eligibility for availing benefit under 'Sabka Vikas (Legacy Dispute
...View More Bombay HC allows release of caustic soda imported by assessee from Dubai, discards Revenue’s plea that seizure and subsequent confiscation is justified since at the time of arrival on import, th
...View More CESTAT Delhi sets-aside penalty imposed under Section 112 (a) of the Customs Act on assessee (an employee of CHA) finding “no case of aiding and abetting” with the importer of th
...View More CESTAT holds Hindustan Petroleum Corporation Ltd. eligible for benefit under Exemption Notification No. 28/2002-CE as amended on clearance of Ethanol Blended Petrol (EBP) (Gasohol) consisting of 95% M
...View More Bombay HC allows release of imported watch in terms of Appellate Authority’s order which set aside order-in-assessment; Condemns Revenue’s lackadaisical approach in not showing any urgency
...View More Delhi HC directs Revenue to provisionally release foreign brand wrist-watches seized by the Directorate of Revenue (DRI) upon receipt of an application for provisional release from assessee; Observes
...View More SC directs Revenue to file counter affidavit in SLP filed for release of seized goods u/s 110 of the Customs Act, 1962 within 3 weeks and lists the matter on October 15, 2020; Notes that assessee was
...View More