International Tax Ruling
CESTAT Delhi sets aside absolute confiscation of foreign-currency equivalent to Rs 81.01 lakhs (approx.) and consequential penalties imposed under Sections 113(d) and 114 of the Customs Act, 1962, hol
...View More In a 157 page comprehensive ruling, CESTAT Ahmedabad rules in Revenue’s favour that charges/compensation (Idle cost compensation) paid by holding German company to its I
...View More SC dismisses Revenue’s civil appeal against the CESTAT ruling which held that ‘Interactive Flat Panel’ imported by BenQ India is correctly classifiable under CTI 8471 41 90 and thus
...View More CESTAT Mumbai rules that import of “BENQ Interactive Flat Panel” by M/s BenQ India Private Limited, Thane (Assessee) is exempt from Basic Customs Duty (BCD); Upholding its classification a
...View More CESTAT Delhi while setting aside the order passed by the Commissioner (Appeals), reaffirms that the FOB (Free on Board) value cannot be redetermined by any Customs Officer; Tribunal emphasizes “
...View More SC dismisses Revenue’s SLP against Allahabad HC order which had allowed the revision filed by Guddex Glass Industries Pvt. Ltd. (Assessee), where the High Court set aside the Commercial Tax Trib
...View More Allahabad HC allows a revision plea filed by M/S Guddex Glass Industries P Ltd (Assessee) against the order passed by the Tribunal that upheld demand and interest classifying toughened glass as taxabl
...View More SC dismisses the appeal filed by Burberry International (Assessee), challenging the CESTAT Delhi’s ruling, whereby, it confirmed the rejection of declared import value and upheld the confiscatio
...View More CESTAT Delhi confirms rejection of declared import value by M/s Burberry International (Assessee) and upholds confiscation of goods along with demand and penalty; The issue in this case was whether or
...View More CESTAT Mumbai holds that Bank of Baroda (Assessee) is not liable to pay service tax on “foreign bank charges” paid to foreign correspondent banks or foreign intermediary banks, under Rever
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