International Tax Ruling
SC rules on determination of customs duty payable on tender sale of goods kept in warehouse due to failure of importer to clear imported goods and pay warehouse rent & customs duty; Holds that cus
...View More Madras HC allows assessee’s appeal, quashes CESTAT order imposing penalty at the reduced rate of 25% where assessee filed the returns and paid the short-levied service tax along with interest pr
...View More Madras HC allows assessee the benefit of DEPB/drawback where assessee in Domestic Tariff Area (DTA) gets job-work of manufacturing yarn converted into Denim Fabrics through 100% EOU unit; Dismisses Re
...View More Madras HC holds that it is "constrained to dismiss the writ petitions" seeking quashing of assessment orders requiring reversal of ITC availed by the assessee in respect of tax borne on purchase of Du
...View More HC directs ‘State Industries Promotion Corporation of Tamil Nadu Limited’ (SIPCOT) and ‘Commercial Taxes Department’ (CTD) to constitute a Joint Committee to re-decide the issu
...View More Bombay HC dismisses Revenue’s appeal against order of CESTAT setting aside the suspension of license of the assessee to act as an Authorised Courier; Observes that Air Courier Cell and Intellige
...View More Third Member finds the appeal against the order of the Assistant Commissioner to be passed within the time-limit prescribed u/s 35(1) of Central Excise Act, 1944 while answering a reference made on ac
...View More Madras HC holds that penalty u/s 117 of Customs Act is not to be imposed for all cases where there is a delay in producing bank realization certificate (BRC) in terms of Customs, Central Exc
...View More Madras HC holds that exemption under Entry 44 to the Fourth Schedule (Part-B) of Tamil Nadu VAT Act to "Hank Yarn" shall extend to all types of yarns and not just Cotton Hank Yarn, sets-aside Clarific
...View More SC dismisses assessee’s appeal, holds that “question of assuming that the purchase tax was also part of the industrial policy under consideration cannot be countenanced”; Thus, finds
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