International Tax Ruling
CESTAT allows import of ‘calcareous stone’ by Hotelier, on availment of EPCG Scheme benefit under Notification No. 103/2009-Cus; Rejects Adjudicating Authority’s classification of go
...View More HC dismisses writ, Sec 18(3A) of Rajasthan VAT Act restricting input tax credit (ITC) to amount of output tax liability where goods sold at subsidized price, not arbitrary, illegal / violative of Cons
...View More HC refuses to entertain writ, service tax levy on transfer of right to use ‘copyright’ an issue appealable before SC u/s 35L of Central Excise Act; Further, issues like actual use of asses
...View More Services provided by Mumbai Police to individuals / organisations for private and public events prima facie not taxable as ‘Security Agency Services’ u/s 65(94) r/w Sec 65(105)(w) of Finan
...View More Service tax prima-facie inapplicable on amount retained by Bank while advancing loan through Clearing Corporation of India (CCIL); Such transaction of collateral borrowing and lending amounts to givin
...View More CESTAT allows concessional rate benefit of 5% under Notification No. 21/2002-Cus. (NT) on Imaging Plates (IP) and IP Casettes as accessories of X-ray machine; Exemption benefit available under Sr. no.
...View More CESTAT allows credit of plant installation/erection service at customers' premises, where entire contract a composite one, and no extra consideration recovered for these services; Relies upon decision
...View More HC upholds Commissioner's findings, CENVAT Credit attributable to quantity of inputs used for manufacture of exempted final product, reported as wastage/storage loss, reversible as per Rule 6(1) of CE
...View More Burning loss arising during manufacture in a customs bonded warehouse (CBW), not liable to customs duty u/s 65(2) of Customs Act, 1962, as waste and scrap; Assessee availed benefit of Notification No.
...View More No service tax payable on insurance guarantee given by BNP Paribas to COFACE France towards loan extended to Airliner to purchase aircrafts; Rejects Revenue contention that transaction taxable in the
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