International Tax Ruling
Madras HC rules that once provisional assessment is finalized by Adjudicating Authority where assessee agrees with valuation adopted for inter unit transfer, the letter of Superintendent quantifying t
...View More HC dismisses Revenue’s writ appeals, confirms non-reversal of input tax credit by purchasing dealers upon retrospective cancellation of selling dealers’ registration certificates under Tam
...View More CESTAT holds that manufacturing / tie up based agreement between assessee [owner of different brands of Indian Made Foreign Liquor (‘IMFL’)] and bottlers will not be considered as agreemen
...View More Mumbai CESTAT quashes service tax demand on ‘development fee’ collected from passengers at the airport, holds that such fee is for future development of airport facilities and hence, not c
...View More AAR denies service tax exemption on job-work proposed to be undertaken in the factory of principal-manufacturer, under Notification No. 25/2012-ST; Notes that said Notification, as amended vide Notifi
...View More HC allows clearance of imported goods from customs bonded warehouse for sale to customers in India, without further attachment by VAT authorities in terms of Section 45(1) of Gujarat VAT Act; Notes Re
...View More Bombay HC treats ‘Bagasse’ as “Sugarcane” commercially covered under Schedule Entry A-44, so as to render sale thereof tax free u/s 5 of Bombay Sales Tax Act; Referring to defi
...View More HC rules on classification of protein powders, holds that same are taxable at 5% under Schedule Entry C-107 (11)(g) of MVAT Act as “Powders, Tablets, Cubes, Crystals and other solids or liq
...View More Bombay HC holds that customs duty paid on purchases which take place in course of import of goods into territory of India cannot be included in “purchase price” as defined u/s 2(22) of Bom
...View More HC allows Revenue appeal, denies service tax refund under Notification No. 41/2007-ST absent inclusion of exported services from date of issue of Notification i.e. October 6, 2007; Rejects assessee&rs
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