Indirect Taxes
No Service Tax Payable On Works Contract Service For Building Construction In Relation To Electricity Transmission: CESTAT
The Ahmedabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that no service tax payable on works contract service for...
Prices Of O-Chloro Benzonitrile Sky-Rocketed, Prices Cooled Down; CESTAT Allows Declared Transaction Cost And Redetermination Of Assessable Value Under Customs Act
The Ahmedabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has allowed the declared transaction cost and redetermination of assessable value under...
Automation Implementation In Customs (Import of Goods at Concessional Rate of Duty or for Specified End Use) Rules, 2022 For EOUs: CBIC
The Central Board of Indirect Taxes and Customs (CBIC) has issued a circular in respect of implementation of automation in the Customs (Import of...
Excise Duty Demands Towards Shortage Found During Stock Verification Is Not Sustainable: CESTAT
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the excise duty demands towards the shortage found during...
State Can’t Retain Excess Stamp Duty Citing Limitation: Bombay High Court
The Bombay High Court has held that the fiscal l is is not an adversarial proceeding but if a particular person is entitled to...
Implicating Customs Brokers as Co-Noticee in cases involving interpretative disputes To Be Avoided: CBIC
Recently, the Central Board of Indirect Taxes and Customs (CBIC) has issued the instructions stating that the implicating customs brokers as co-noticee in cases...
Yamaha Motor Pre-Deposited More Than Rs. 10 Crores, Excise Dept. Can’t Deny Interest Upon Refund: CESTAT
The Allahabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that merely because Section 35F restricts the pre-deposit amount as...
Excise Duty Exemption On Petrol & Diesel When Exported To Bhutan: CBIC
The Central Board of Indirect Taxes & Customs (CBIC) has amended Notification No. 10/2022-Central Excise, dated the 30th June, 2022 to exempt export of...