International Tax Ruling
No customs duty / charges payable when importer refuses to exercise option to pay fine in lieu of confiscation u/s 125(2) of Customs Act; HC allows writ petition filed by a hospital (assessee) whose i
...View More Bombay HC grants partial respite to importer-assessees by modifying provisional release order for seized set-top boxes (STBs), thereby reducing the amount of bond & bank guarantee (BG) to be furni
...View More Bombay HC grants interest on delayed customs duty refund to importer-assessee u/s 27A of Customs Act; Notes that refund application was initially rejected by Revenue for want of Essentiality Certifica
...View More HC quashes majority order of Settlement Commission which rejected the settlement application on ground of non-cooperation during the proceedings, non-payment of any admitted customs duty and interest
...View More HC considers PIL filed by Taxation Bar Association seeking release of withheld VAT refunds alongwith interest u/s 42 of Delhi VAT Act and exemplary damages to all aggrieved registered dealers; Associa
...View More AAR extends service tax exemption on construction of railway sidings (tracks) for private companies, under Notification No. 25/2012-ST; Rejects Revenue’s argument that out of two types of railwa
...View More HC overrules CESTAT, disallows refund of service tax under Notification No. 41/2007-ST in relation to services availed for transportation of iron ore to port of export, absent specific mention of deta
...View More SC upholds HC decision, disallows simultaneous benefit of partial sales tax exemption under Rajasthan State Notification dated May 6, 1986 and concessional rate of 6% under Notification dated January
...View More HC allows refund of amounts paid under protest as service tax on construction activity prior to insertion of taxable categories u/s 65(105)(zzq) and (zzh) of Finance Act w.e.f. July 1, 2010; Rejects R
...View More SC affirms valuation of job-worked fabric at cost of raw material + job charges in lieu of transaction value at which assessee cleared same to customers; Notes CESTAT’s finding that after receiv
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