- HC : Criticizing ‘needless’ litigation, grants compensation after customs eschews DGFT's classification
- HC : GST invoice without customs duty disclosure valid for claiming duty drawback
- SC dismisses Revenue’s SLP over duty-drawback eligibility on unlocked/activated mobile phones
- HC : Medicines and ancillary health-care-services supplied during in-patient treatment, taxable as 'deemed-sale'; Upholds State's power
- SC : Copy of SC judgment affirming CESTAT ruling on 'export' of services by MNC giants
International Tax Ruling
Manufacturer to pay interest on CENVAT Credit wrongly taken despite non-utilization
Dr. Reddy's Laboratories (manufacturer) liable to pay interest on CENVAT Credit wrongly taken despite its subsequent reversal; Under Rule 14 of CENVAT Credit Rules, 2004, interest payable on credit "w...View MoreAfter 3 High Courts, Karnataka HC too stays CBEC Circular on recovery
Karnataka HC stays recovery of demand following CBEC's January 2013 circular until disposal of stay application by CESTAT; ITC Limited challenged validity of the circular citing it as b...View MoreAllows service tax credit on rent-a-cab and air travel agents services
CENVAT credit for input service tax paid on rent-a-cab and air travel agents' services allowed; Input services are used in relation to the manufacture of the final product; &n...View More- « first
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