International Tax Ruling


'Foreclosure-charges' collected by Banks not taxable, consideration flows at desire of 'promisor'

CESTAT Chennai LB sitting in reference holds that foreclosure charges collected by the banks and non-banking financial companies (NBFC’s) on premature termination of loans are not leviable to se...View More

Quashes SCN demanding service-tax on ECB facility obtained by Adani-Power SEZ, extended period invocation

Ahmedabad CESTAT quashes show cause notice issued u/s 73 (1) demanding service tax on ECB facility obtained for setting up power project in SEZ where the assessee had deposited the entire tax with int...View More

NCLT: Appeal against cancellation of Corporate Debtor’s custom license comes within CESTAT’s jurisdiction 

NCLT dismisses Liquidator’s application seeking directions against Customs Commissioners (‘Respondents’) to revoke the cancellation of Corporate Debtor’s CHA (customs house age...View More

Revenue cannot block portal to dis-entitle assessee from procuring Statutory-Forms citing assessment-order pendency

Delhi HC allows assessee's writ petition, directs Commissioner to unblock the portal to enable the assessee to access and procure the statutory Forms (C and F) provided u/s 6 and 6A of CST Act; N...View More

Discharge certificate under SVLDRS scheme deemed issued upon Designated Authority's failure, disposes appeal

CESTAT Delhi holds that it is deemed that the discharge certificate (Form-4) has been issued to the assessee under Sabka Vishwas (Legacy Dispute Resolution) Scheme, 2019 (SVLDR Scheme); Notes that rec...View More

Absent physical verification by DRI officers, quashes demand on imported material 'shortage'

CESTAT partially allows assessee’s appeal, sets aside demand on shortage of imported materials (fabrics) however upholds duty demand on goods re-imported in consequence to the rejection by the f...View More

Quashes ‘presumptive’ demand on clandestine removal, estimation cannot take place of evidence

CESTAT Delhi sets-aside order confirming demand on alleged clandestine removal of goods, holds that adjudicating authority has based the decision on assumptions, surmises and in total ignorance of doc...View More

Customs & Service-tax authorities not 'one', upholds demand on drawings/design as 'Consulting-Engineer Service'

CESTAT Mumbai upholds service tax liability of Rs. 18 crores (approx.) w.r.t. technical specifications, drawing and designs received by assessee from overseas service provider by way of reverse charge...View More

Allahabad HC hears Panchsheel's challenge to 'arrears' computation in Form SVLDRS 2 & 3

Allahabad HC hears writ challenging the computation of amount in arrears of tax liability in Form SVLDRS-2 and 3 in a mechanical manner by Respondent without considering the reply and record of the pr...View More

Upholds liability on intra-Govt. services by independent autonomous organisation operating under Space Research Dept.

CESTAT Hyderabad upholds service tax demand on assessee, National Remote Sensing Centre (NRSC), Balanagar, an autonomous body under the Department of Space Research, Government of India in respect of ...View More