International Tax Ruling
CESTAT LB rules on valuation of inter-unit transfer of goods received for captive consumption, actual cost of production (COP) determined in terms of Cost Accounting Standard-4 (CAS-4), w.r.t. goods (
...View More CESTAT LB rules on valuation of imported Fixed Wireless Telephones (FWT), holds that software embedded in Flash memory unit not distinct from hardware and hence, value thereof includible in value of F
...View More CESTAT allows assessee's appeal, entire food tray served on board an aircraft, not 'manufacture' of excisable goods (i.e. food preparations) supplied under brand name; Assessee, engaged in airline cat
...View More Gujarat HC rules on taxability of Kerosene for public distribution system (PDS) and Liquified Petroleum Gas (LPG) for domestic use, sold in bulk to various Oil Marketing Companies (OMCs) under Gujarat
...View More CESTAT allows CENVAT credit on goods falling under Chapter 72, viz., aluminium coils, S.S. Sheets, plates channels, M.S. angles etc., used for making support structure / foundation of reactor and chim
...View More CESTAT rules in favour of assessee, maintenance of software classifiable as “information technology software service” (ITSS) u/s 65(105)(zzzze) of Finance Act w.e.f. May 16, 2008 and not &
...View More CESTAT allows CENVAT credit of service paid under reverse charge mechanism on commission paid to foreign agents, holding same as 'input service' in terms of Rule 2(l) of CENVAT Credit Rules, 2004 (CCR
...View More CESTAT admonishes lower authorities’ orders returning assessee’s refund claims of service tax paid under protest as being ‘premature’, without dealing with the grounds adduced
...View More CESTAT rejects Revenue appeal, upholds MRP valuation of professional beauty products sold to salons / parlors for their consumption, by relying on SC ruling in case of Jayanti Foods Processing Pvt Ltd
...View More SC rules in favour of Revenue, period for repayment of deferred sales tax benefit by an industrial unit under Jharkhand VAT Act must be computed from completion of eligibility period of deferment or p
...View More