International Tax Ruling
HC quashes recovery proceedings against ex-Directors of defunct company; Directors became liable only after provision enabling recovery on company's default came into effect w.e.f April 1, 1999; Conce
...View More CESTAT allows adjustment of outstanding interest dues against rebate claim sanctioned; Assessee barred from challenging the merits of an earlier dispute in a proceeding involving a different issue; Co
...View More Goods cleared for "trial and demonstration" purposes should be valued based on transaction value for excise duty payment; Method specified under Rule 4 based on value of identical/similar goods cleare
...View More HC quashes show-cause notice by invoking writ jurisdiction; Revenue issued show-cause notice with "predetermined mind" and violated principles of natural justice; Authorities showed "closed mind" at t
...View More HC rejects Revenue's appeal seeking 8% excise duty demand on "exempt" product (Bio-compost fertilizer) made from 2 by-products; Exempt product made from by-products of dutiable final goods, can't be s
...View More HC grants stay of excise duty demand pending application for stay with appellate authorities; Union of India failed to set-up more Tribunals; Takes note of single bench of Tribunal at Bangalore coveri
...View More CENVAT credit available on input services utilized outside factory of production; Rule 3(1) must be read with broad and comprehensive meaning of ‘input service’ under Rule 2(l); Use of wor
...View More Reversal of input service tax credit not required against bad debts arising on output services; No provision in CENVAT Credit Rules to deny proportionate credit on input services utilised in providing
...View More HC allows Cenvat Credit to ONGC on input services used to obtain crude oil at Mumbai Offshore and which is utilised in manufacture of dutiable goods at Uran plant; Use of words “directly or indi
...View More Service tax not applicable on unrecognized clinical medicines courses offered by Institute of Clinical Research (India) in collaboration with foreign university, since Institute also provided degree c
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