International Tax Ruling
HC restores appeal finding that CESTAT was not correct and justified in passing order without examining eligibility of credit on angles, beams, channels etc. as 'inputs' defined under Rule 2(k) of CEN
...View More HC sets aside Circular No. 7/2017-GST dated September 05, 2017 post GST implementation w.e.f. July 1, 2017 restricting dealers from availing benefit of paying CST @ 2% by utilizing benefit of FORM C;
...View More HC rejects Revenue’s modification petition against order directing release of second hand digital Multifunction Print & Copying Machine upon payment of applicable duty on enhanced value; Rej
...View More HC Larger Bench (LB) holds that Government can retain excess auction proceeds after adjusting customs duty, interest, penalty and redemption fine where importer did not made such payment within time s
...View More SC sets aside order of Commissioner as well as CESTAT in relation to duty imposed on import consignments of electric decorative lightings under brand names ‘Diyas’ and ‘mAntra’
...View More SC directs HC to answer question relating to nature and extent of liability of interest on Entry Tax on assessee under U.P. Tax on Entry of Goods into Local Areas Act, 2007 in appeals preferred agains
...View More HC rules in favour of Revenue, holds Tribunal as legally justified in not adjudicating on additional ground relating to levy of sales tax on surrender of Exim Scrips, which was never agitated in earli
...View More SC upholds classification of product ‘Aswini Homeo Hair Oil’ manufactured by assessee under Entry 37 of Schedule-I to The Andhra Pradesh General Sales Tax Act, 1957 (APGST Act) as a 'medic
...View More CESTAT sets aside penalty imposed u/s 76, 77 and 78 of Finance Act, 1994 for not depositing service tax amount with Revenue authorities where assessee was making compliance of service tax payment thro
...View More CESTAT holds that ‘underwriting commission' paid by assessee to foreign Lead managers on issuance of Foreign Currency Convertible Bonds (FCCB) is not taxable under “Banking and other Finan
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