International Tax Ruling


Dismisses Revenue appeal; Upholds non-taxation of ready-mix-concrete supply absent service 

SC dismisses Revenue appeal, upholds Delhi Tribunal order quashing service tax demand on supply of ready mix concrete (RMC) absent incidental activities of pouring, pumping and laying of concrete by a...View More

Interest on belated payment part of 'taxable turnover'; Follows L&T McNeil ruling 

HC upholds Tribunal order, interest on belated payment against sale of goods includible in taxable turnover, absent any independent agreement and when invoice itself contemplates such interest payment...View More

Govt petroleum subsidy non-vatable; Questions Tribunal's observation on restrictive trade practices 

Gujarat HC allows ONGC appeal, credit notes to Oil marketing companies (OMC) such as Indian Oil Corporation towards sale of crude, kerosene and LPG at subsidized rates to ultimate consumers not liable...View More

Upholds purchase tax on diamonds embedded into jewelry; Relies on SC ruling 

Diamonds purchased by assessee from unregistered dealer and consumed in making jewelry, liable to purchase tax at @ 2% u/s 6 of Karnataka Sales Tax Act, 1957; Sec 6 provides that every dealer who purc...View More

Input stock credit irreversible upon final product exemption absent statutory provision pre-2007 

Credit of duty paid on inputs lying in stock or contained in final products not reversible pursuant to finished goods becoming exempt, absent any statutory provision to this effect prior to 2007; Reli...View More

Upholds taxation of audio-visual coverage of IPL matches under 'programme producer services' 

SC dismisses BCCI appeal, upholds Mumbai CESTAT order that confirmed service tax on reverse charge basis towards audio-visual coverage of Indian Premier League (IPL) matches for and on behalf of BCCI ...View More

Splits on RSP valuation of imported tiles sold at higher price post clearance 

Third Member of CESTAT to determine applicability of Sec 4A of Central Excise Act to tiles sold to dealers / consumers at price higher than MRP declared / affixed at the time of import; Member (Judici...View More

Third member to determine interest, extended limitation applicability on pre-notice duty payment 

Third Member of CESTAT to determine validity of interest demand invoking extended limitation period despite suo motu payment of differential duty by manufacturer-assessee prior to issuance of show cau...View More

Rejects Revenue appeal; Upholds Single Judge order allowing arrears payment in instalments 

HC dismisses Revenue appeal, upholds Single Judge order allowing liquor manufacturer to pay defaulted dues / arrears u/s 42 of Tamil Nadu VAT Act in instalments; Sec 42 of Act empowers authorities to ...View More

Dismisses Revenue appeal; Allows import of branded mobiles with OEMs' IMEI number 

HC upholds Tribunal order allowing import of branded mobile handsets (Mobiado) carrying IMEI numbers of original equipment manufacturers (OEM) like Nokia and Samsung; Rejects Revenue contention that i...View More