International Tax Ruling
CESTAT rules in favour of Kotak Mahindra Capital (assessee), reiterates non-taxability of advisory & consultancy services in relation to Mergers & Acquisitions as “Management Consultancy
...View More AAR rules on taxability of services received from foreign C&F Agent towards import of raw material by applicant under International Commercial Terms, where such C&F Agent raises composite bill
...View More HC rules in favour of Samsung India (assessee), quashes notices of default assessment u/s 32 of DVAT Act alongwith default assessment of penalty u/s 33 in the matter of classification of LED / LCD / T
...View More Tribunal upholds estimation of suppressed sales turnover at 2 times the stock difference, and consequent levy of tax, penalty & interest under Karnataka VAT Act; Notes that estimation of taxable t
...View More HC rules on applicability of interest on confirmation of additional excise duty u/s 11AB of Central Excise Act, prior to and post May 11, 2001; Perusing the scheme of Sections 11A, 11AA & 11AB as
...View More HC allows Instakart (assessee) to generate e-waybills for bringing in goods from outside State of West Bengal on behalf of clients, without payment of entry tax; Notes that provisions relating to entr
...View More CESTAT rules in favour of assessee, no service tax payable by Indian HO on salary and other expenses remitted / reimbursed to overseas branches, on reverse charge basis u/s 66A of Finance Act; Sec 66A
...View More HC allows Dish TV’s (assessee) writ petitions, finds no justification in issuance of notices of default assessment u/s 32 of DVAT Act to ‘rectify’ and in effect review, assessments w
...View More HC quashes order of Asst. Commissioner by which export rebate claims were adjusted / appropriated towards dues originally confirmed against assessee but stayed by CESTAT; Notes that vide earlier order
...View More HC upholds Tribunal order, pet coke used in manufacture of cement falls within ambit of expression ‘raw material’ as contemplated in Section 2(19) of Gujarat VAT Act, and not ‘fuel&r
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