Follow Us :

Archive: 17 February 2015

Posts in 17 February 2015

Dismissal of appeal for non-compliance of pre-deposit condition

February 17, 2015 921 Views 0 comment Print

In the instant case, the Hon’ble CESTAT, Kolkata vide its Order dated April 30, 2013 directed the Ess Dee Aluminium Ltd. (the Appellant) to make pre-deposit of 25% of the Cenvat Credit involved in the case within a period of eight weeks and report compliance on July 15, 2013.

Once Rebate claim is cancelled, EOU entitled to take re-credit in Cenvat Credit Account

February 17, 2015 1009 Views 0 comment Print

In the instant case, Jubiliant Engineering (the Appellant) was 100% Export Oriented Units (EOU) engaged in manufacturing of valve assemblies falling under the Chapter 8481 of the Central Excise Tariff Act, 1985. Though the Appellant was not required to pay duty on the export goods

Interest on delayed refund is permissible from expiry of 3 months’ from the date of filing Refund application

February 17, 2015 9576 Views 0 comment Print

In the present case, Tata Chemicals Ltd. (the Appellant) filed eleven Refund claims amounting to Rs. 1,26,78,767/- during the period September 1997 to December 1999. However, the Refund claims were initially rejected by the Adjudicating Authority and the Ld. Commissioner (Appeals).

Computerized invoices downloaded through internet are eligible documents for claiming Service tax Refund

February 17, 2015 1148 Views 0 comment Print

Suncity Art Exporters (the Appellant) were exporters of handicrafts and were entitled to Refund of Service tax paid on the various specified input services in terms of Notification No. 17/09-ST dated July 7, 2009.

Non-Authorised service station not liable to pay Service tax on Maintenance or Repair of any ‘part’ of motor vehicle

February 17, 2015 11852 Views 1 comment Print

In the instant case, Kuttukaran Trading Ventures (the Assessee) was engaged in the business of reconditioning engines and parts thereof and repairs of other parts of vehicles of all brands. The Assessee did not have any authorization from any manufacturer of vehicles/ parts for providing post-sale service to buyers.

Sum paid as a pure agent of service recipient not includible in value of services

February 17, 2015 20083 Views 1 comment Print

The issue of taxability of out-of-pocket expenses has always been a matter of litigation. Before April, 2006 there was no specific provision to this effect. However, from April 19, 2006 onwards, with the introduction of the Valuation Rules, Service tax is applicable on gross consideration including all expenses barring the expenses incurred as pure agent.

Consistency, Uniformity & Equality in Filing of Appeals against Appellate Orders before Higher Forums

February 17, 2015 663 Views 0 comment Print

It is often seen that some Appellate orders in Vat/Income Tax/Excise/Service Tax are accepted by the Administrative Authorities while in other SIMILAR matters Appeals are  filed in the Higher Forums i.e. Tribunals/High Courts. Are these arbitrary actions of the Administrative Officials justifiable?

CIT Vs. Balaji Traders (2008) 303 ITR 312 (Mad)

February 17, 2015 4295 Views 0 comment Print

Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in holding that no penalty is leviable under section 271D when there has been repeated violations of section 269SS on the ground that the creditors are genuine persons and there was no revenue loss to the Exchequer

One PAN- One IEC: Multiple IEC against single PAN to be deactivated

February 17, 2015 7856 Views 1 comment Print

Only one IEC shall be issued against a single PAN. Multiple IECs issued against a single PAN will be deactivated suo-moto after 31.03.2015.

New Portal for E-Filing of Applications for Foreign Direct Investment

February 17, 2015 594 Views 0 comment Print

New Upgraded and Secure Portal for E-Filing of Applications for Foreign Direct Investment Launched Department of Economic Affairs, Ministry of Finance launched here today a new upgraded and secure user friendly web site for filing and processing of applications for Foreign Direct Investment (FD) requiring Government approval. Presently the applications are filed online at www.fipbindia.com […]

Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031