"05 December 2014" Archive

Tribunal can initiate contempt proceedings for non-issue of refund despite its order

LCL Logistics (India) Pvt. Ltd Vs. Commissioner Of Customs (Export)

LCL Logistics (India) Pvt. Ltd. (the Appellant) filed a Miscellaneous Application before the Hon’ble CESTAT, Mumbai, in respect of Order of the Hon’ble Tribunal vide which the penalty on the Appellant was reduced from Rs. 5,00,000/- to Rs. 1,00,000/-....

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Posted Under: Custom Duty |

Any Stay Order passed by the Tribunal, if is in force beyond August 7, 2014, shall continue till disposal of appeals

Venketeshwara Filaments Pvt. Ltd. & Others Vs. Commissioner of Central Excise and Service Tax

Hon’ble Tribunal concluded that any Stay Order passed by the Tribunal, if it is in force beyond August 7, 2014, it would continue till the disposal of the appeals and there is no need for filing any further applications for extension of orders granting Stay either fully or partially....

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Posted Under: Custom Duty |

CBDT issues Note on Publicity campaign at IITF, 2014

The Departments public outreach on the Taxpayers Services wins laurels! The Taxpayers’ Lounge set up by the Directorate of Income Tax (PRPP&OL) was awarded ‘Silver’ medal for excellence in display in the category of Ministries and Departments in the 34th India International Trade Fair, 2014 in the award ceremony held on 27th Nov...

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Posted Under: Custom Duty |

DGFT notifies Appellate Authority against orders passed by Adjudicating Authorities

Notification No. 101 (RE-2013)/2009-2014 (05/12/2014)

In exercise of the powers conferred by clause (b) of sub-section (1) of Section 15 of the Foreign Trade (Development and Regulation) Act, 1992 (22 of 1992) and in supersession of the earlier Notifications referred below, the Central Government hereby authorizes the officers specified in column 3 of the Table below to function as Appellat...

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CAs/ CMAs can conduct Service tax audits

Notification No. 23/2014-Service Tax (05/12/2014)

Vide Notification No. 23/2014- ST dated- 05.12.2014, CBEC has amended rule 5A(2) and the pronouncement of Allahabad High Court has been followed principally & CAs/CMAs have been made empowered to conduct service tax audits....

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Reverse & Partial Reverse Charge Mechanism in Service Tax

The reverse charge mechanism (RCM) was first introduced effectively from 01-01-2005 vide Notification No. 36/2004-ST dt. 31-12-2004 read with Rule 2(1)(d) of Service Tax Rules, 1994. With effect from 01-07-1012 a new mechanism of reverse charge (RCM) and partial reverse charge or joint charge (PRCM / JCM) was introduced with the introduct...

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Posted Under: Custom Duty |

Merely because respondent is State, delay in filing appeal cannot be mechanically considered

Amaledu Kumar Bera & ORS. Vs State of West Bengal (Supreme Court of India)

Allowing the appeal, the Hon'ble Supreme Court HELD Merely because the respondent is the State, delay in filing the appeal or revision cannot and shall not be mechanically considered and in absence of sufficient cause' delay shall not be condoned....

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SSI Exemption under Service Tax

Central Government exempts taxable services of aggregate value not exceeding ten lakh rupees in any financial year from the whole of the service tax leviable thereon under section 66B of the said Finance Act except the following services described below;...

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Notification No. 100 (RE-201 3)/2009-2014, Dated: 05.12.2014

Notification No. 100 (RE-201 3)/2009-2014 (05/12/2014)

Existing policy conditions (prior to this amendment) as available at page 545 of ITC(HS) Classification of Export and Import Items (as updated on 18.04.2012), for the Exim Codes 6802 10 00, 6802 21 10, 6802 21 20, 6802 21 90, 6802 91 00 and 6802 92 00 of Chapter 68 are extracted below (earlier policy conditions)....

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Maharashtra TIN validation Utility in excel (Structural Validation)

This excel utility is only for Maharashtra VAT TIN Holders. Enter a list of TINS in A column. Copy paste the formula in column B till the cell you have entered the TIN. It will show True or False. True signifies it is structurally valid and false signifies it is structurally invalid. For more details […]...

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