International Tax Ruling
SC sets aside Madras HC decision, allows Aircel appeal on maintainability of its writ petition filed in High Court; Madras HC in 2003, declined to interfere with regards to the writ petition, citing a
...View More HC rules in favour of Revenue involving Karnataka VAT law and disallows input tax credit claimed by assessee on the basis of formula in case of common inputs, states since the assessee was involved in
...View More Maharashtra Sales Tax Tribunal upholds rejection of set-off claimed under Rule 54(g) of MVAT Rules towards purchase of plant & machinery during execution of works contract in respect of windmills
...View More HC upholds absolute confiscation of foreign currency that was smuggled out of India, but bought back in concealed form upon deportation of assessees, u/s 113 of Customs Act; Notes that smuggling in re
...View More HC rules on entitlement of refund of tax deposited u/s 57 of Odisha VAT Act, pursuant to first appellate order reducing the quantum thereof payable by assessee-dealer; As per said Section, it is duty
...View More HC allows duty drawback of Basic Customs Duty (BCD) on export of final product, though import duty on inputs and raw materials utilized therein paid through debit in Duty Entitlement Pass Book (DEPB)
...View More HC quashes reassessment against works contract dealer, holds that unless composition scheme certificate granted in terms of Sec 15 of Karnataka VAT Act is cancelled, VATO has no power to assess / reas
...View More SC rules that EOU is liable to pay excise duty as per Sec 3(1) of Central Excise Act on sale of goods in India without Development Commissioner’s permission prior to May 11, 2001; Rejects Revenu
...View More Orissa HC refuses to entertain writ petition against confirmation of excise duty on process of crushing and screening of extracted iron ores, in light of alternative appeal remedy u/s 35B of Central E
...View More Gujarat HC grants refund of Education Cess & Secondary and Higher Secondary Education Cess (‘Cesses’) paid by assessee under mistake of law on Oil Cess levied u/s 15 of Oil Industry De
...View More