"17 July 2015" Archive

Mere recording of contrary statements do not establish claim of credit as bogus

M/s STI Industries Vs CCE & ST (CESTAT Ahmedabad)

The appellant challenged the charges particularly by showing various evidences of receipt of goods, Lorry Receipt, Purity Check report, Payment of Labour Bills and other details, which were not disputed by the lower authorities....

Read More

Determining nature of deposit of duty – Voluntary or Under Protest is a question of fact

Mahalakshmi Cable Industries Vs CCE (Delhi High Court)

The appellant is urging this Court to dwell deep into the factual material and render findings of fact of which the jurisdiction of this Court does not permit such an inquiry as the high court cannot entertain an appeal which involves only factual issue....

Read More

Supervising & Liasioning in relation to loading goods cannot be classified as C & F Agents services

M/s. Coal Handlers Private Ltd. Vs CCE (Supreme Court)

The appellant does not even undertake any loading operation. The primary job of the appellant, as per the contract between the appellant and the Ambuja companies, is of supervising and liasioning with the coal company ...

Read More

Validity of Section 234E Fees of Rs. 200 per day for delay prior to 01st June 2015

In other words, before 01.06.2015, the assessing authority could pass a separate order under Section 234E levying fee for delay in filing the statement under Section 200(3) of the Act. However, after 01.06.2015, the assessing authority is well within his limit to levy fee under Section 234E of the Act even while processing the statement ...

Read More
Posted Under: Excise Duty |

CBDT sets Target of 1 Crore 'New Taxpayers' for F.Y.2015-16

310/03/2015-OT (17/07/2015)

F.No.310/03/2015-OT Devise and pursue region specific strategies for identification and pursuing potential taxpayers -Professionals, Businesses, Employees. Conduct meetings with Professional bodies and trade associations. Work with DIT(I&CI) to collect potential information...

Read More

Notification No. 36/2015-Central Excise, Dated: July 17, 2015

Notification No. 36/2015-Central Excise (17/07/2015)

Notification No. 36/2015-Central Excise, Dated: July 17, 2015 If the said excisable goods are manufactured from inputs or capital goods on which appropriate duty of excise leviable under the First Schedule to the Excise Tariff Act or additional duty of customs under section 3 of the Customs Tariff Act, 1975 (51 of 1975) has been paid and ...

Read More

Revised Guidelines on Conducting Manual Scrutiny of Service Tax Returns to come into Operation from 1st August, 2015

The Central Board of Excise and Customs had issued detailed guidelines in 2009 to its field formations on conducting detailed manual scrutiny of service tax returns. In view of the legal changes brought about by the Negative List based taxation of services and administrative changes like creation of separate Commissionrates for Audit etc,...

Read More
Posted Under: Excise Duty |

Notification No. 35/2015-Central Excise, Dated: July 17, 2015

Notification No. 35/2015-Central Excise (17/07/2015)

Notification No. 35/2015-Central Excise, Dated: July 17, 2015 Provided that the said excisable goods are manufactured from inputs or by utilising input services on which appropriate duty of excise leviable under the First Schedule to the Central Excise Tariff Act, 1985 (5 of 1986) or additional duty of customs under section 3 of the Custo...

Read More

Notification No. 34/2015-Central Excise, Dated: July 17, 2015

Notification No. 34/2015-Central Excise (17/07/2015)

Notification No. 34/2015-Central Excise, Dated: June 17, 2015 Provided that the said excisable goods are manufactured from inputs on which appropriate duty of excise leviable under the First Schedule to the Central Excise Tariff Act or additional duty of customs under section 3 of the Customs Tariff Act, 1975 (51 of 1975) has been paid an...

Read More

Now MVAT on non-exclusive and conditional transfer of intangible goods to multiple users?

Recently, on 13th July, 2015, Maharashtra Government has come out with a Trade Circular No. 11T of 2015, clarifying that recent decision of Bombay High Court is comprehensive and it is now well-settled that VAT can be levied on transfer of right to use goods of intangible nature even if it is transferred to multiple users....

Read More
Posted Under: Excise Duty |