Supreme Court Rulings

SC declines to interfere with HC directing Revenue to finalize assessment by 4 months 

SC declines to interfere with the Madras HC (Madurai Bench) order which directed the Revenue to finalize the assessment by extending the time by 4 more months; Earlier, HC had dismissed Revenue’...View More

Dismisses Revenue’s SLP challenging release of cashew kernels; Leaves classification question open 

SC dismisses SLP filed by the Revenue challenging release of caswhew kernel after getting notified that the seized goods have already been released; Observes that “As that was the only issue rai...View More

Permits LG Electronics to move HC via review plea challenging validity of entry-tax rules 

SC permits LG Electronics India Private Limited (Assessee) to approach the Rajasthan HC over the constitutional validity of Rule 12(3) of the RET Rules, 1999 (Rajasthan Tax on Entry of Goods into Loca...View More

No interference with HC remand on ITC Ltd.’s IFSTD eligibility for paper board manufacturing 

SC declines to interfere with the Madras High Court’s order remanding the dispute concerning ITC Ltd’s eligibility under the Interest Free Sales Tax Deferral (IFSTD) Scheme to the adjudica...View More

Declines interference with HC ruling allowing exemption on second-sale where first sale was exempt 

SC disposes Revenue’s civil appeal against the Delhi HC judgment which held that exemption prescribed u/s 6(2) of the Central Sales Tax, 1956 on second sale of goods in inter-state trade cannot ...View More

Dismisses Revenue's appeal on latches challenging dropped-penalty against IIM for the period prior to 2012 

SC dismisses appeal filed by the Revenue challenging CESTAT's ruling which had set aside penalty on IIM Bangalore but confirmed service tax demand on post-graduate courses, thereby denying applicabili...View More

Revenue to pay market value of seized gold disposed despite release order; Dismisses Revenue’s SLP 

SC dismisses Revenue’s SLP against the Delhi HC judgment directing Customs to pay the Respondent the current market value of 1.11 kg gold, after noting that the Department had disposed of the se...View More

Copy of SC judgment holding Gazette publication as effective date for MIP on steel imports 

SC holds that DGFT Notification No. 38/2015-20 introducing Minimum Import Price (MIP) for specified steel products under Chapter 72 of ITC (HS), and the restrictive Letters of Credit (LoC)-based exemp...View More

Copy of SC-judgment holding 'Fees' paid to speaker via booking-agent, not taxable as 'Event Management Service' 

SC quashes Rs. 60.5 lakh service tax demand on HT Media (Assessee) for the period October 2009 to March 2012, holding that fees paid to eminent speakers for addressing the Hindustan Times Leadership S...View More

Mushroom-growing apparatus not agricultural machinery; Reiterates importance of chapter notes over trade parlance test 

SC sets aside the CESTAT ruling and holds that aluminium mushroom-growing racks imported by Assessee are classifiable as ‘aluminium structures’ under CTI 76109010, and not as ‘parts&...View More