International Tax Ruling


Time-limit for Customs Broker license suspension inquiry 'directory', but completion within "reasonable period" 

HC holds that 90 day time limit for completion of inquiry proceedings under Regulations 19 & 20 of Customs Broker Licensing Regulations (CBLR) in respect of suspension of Customs Broker license as...View More

Allows SAD exemption on timber resized post-importation; Rejects Revenue's 'same form' plea

SC dismisses Revenue appeals, holds that conversion of imported Sawn Timber logs without loss of identity of original product cannot deprive importer of exemption benefit under Notification No. 102/20...View More

No cap on Incremental Export Incentivisation benefit; Claims > Rs. 1 Cr subject to 'scrutiny' 

HC rules on entitlement to ‘Incremental Export Incentivisation Scheme’ benefit for the year 2013-14, holds that application cannot be rejected on ground that total amount being claimed exc...View More

Dismisses review of order denying GTA services credit upto buyer's premises post-2008

SC dismisses review petition against its order which held that CENVAT credit on GTA service availed for transport of goods from place of removal to buyer’s premises is not admissible, post-amend...View More

ULIP policy surrender charges akin to 'penalty' / 'liquidated damages', not investment management services 

CESTAT quashes service tax demand on surrender charges recovered by Insurance Co. under Unit Linked Insurance Plans (ULIP) as “Management of Investment under ULIP” services u/s 65(105)(zzz...View More

Quashes review order cancelling dealer’s registration ab initio, absent proper service of notice 

HC quashes review order of Deputy Commissioner cancelling assessee’s certificate of registration since inception under MVAT Act and CST Act, absent service of proper notice; Observes that powers...View More

Urges Division bench constitution to settle inter-state stock transfer exemption controversy

Kerala HC Single Judge refers to Division bench, the question as to whether post 2002 amendment, documents evidencing movement of goods are mandatory or mere Form F declaration shall suffice, for clai...View More

Quashes challenge to preliminary recommendation for safeguard duty imposition on solar cells 

HC dismisses challenge to preliminary findings of DG Safeguards recommending 70% ad valorem safeguard duty on import of Solar Cells whether or not assembled in modules or panels, pursuant to an invest...View More

Revenue cannot refuse 'Form C' towards natural gas for electricity generation post GST 

HC rules that assessee is entitled to ‘C' Form in respect of natural gas purchased inter-state from Oil Companies in Gujarat and used for electricity generation at power plants in Haryana even a...View More

Rejects standard deduction for works-contract tax, where voluminous records of actual expenses available 

HC quashes re-assessment proceedings which allowed 30% deduction towards labour and like charges in respect of works contract under Rule 3(2)(m) of Karnataka VAT Rules, when actual amounts were ascert...View More