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Archive: 17 July 2023

Posts in 17 July 2023

SAD Exemption Ineligible for Importer Violating Import Policy & Exemption Notification Terms

July 17, 2023 228 Views 0 comment Print

Analysis of the CESTAT Bangalore order in the case of DLF Southern Towns Pvt Ltd vs. Commissioner of Customs where violation of import policy led to confiscation and penalty.

Reopening untenable in absence of tangible material concluding that income has escaped assessment

July 17, 2023 510 Views 0 comment Print

Bombay High Court held that reopening of assessment, in the exercise of powers under section 147 read with section 148 of the Act, without tangible material to conclude that income had escaped assessment is untenable in law.

No Appeal Against ITAT Order in Misc. Application u/s 260A of Income Tax Act

July 17, 2023 639 Views 0 comment Print

In-depth review of the Delhi High Court’s judgment in the case of CIT Vs L.G. Electronics Inc. Korea, highlighting key aspects and the implications of the ruling.

CESTAT Orders De-Novo Adjudication for Jurisdiction Issue in Service Tax Case

July 17, 2023 891 Views 0 comment Print

Comprehensive review and implications of the CESTAT Ahmedabads decision in the Modest Infrastructure Limited Vs Commissioner of Central Excise case.

Cenvat Credit Rule 6(3) inapplicable if wrongly taken credit reversed subsequently

July 17, 2023 1311 Views 0 comment Print

Detailed review and implications of CESTAT Ahmedabads judgment in the case of West Coast Pharmaceutical Works Ltd Vs C.C.E.-Ahmedabad.

Pre-April 2007 Transactions Exempt from Penalty under Central Excise Rule 26(2)

July 17, 2023 315 Views 0 comment Print

Detailed analysis of the CESTAT Ahmedabad ruling on the Goodluck Empire Vs CCE & ST case involving penalties under Rule 26 of Central Excise Rules, 2002.

Service Tax on Software Activation Charges in Telecom System

July 17, 2023 480 Views 0 comment Print

Explore the landmark CESTAT Ahmedabad order on whether service tax is applicable to software activation charges under Business Auxiliary Service in the case of Avaya Global Connect Vs Commissioner of Central Excise & ST

HC Sets Aside Section 148A(d) Order for Violating Natural Justice – Remands Matter to AO

July 17, 2023 4626 Views 0 comment Print

Delve into the landmark judgment of the Calcutta High Court in the case of Winsome Highrise Pvt. Ltd Vs Union of India. Unravel the emphasis on principles of natural justice and the consequences on the Indian Income Tax Act.

Penalty Puzzle under GST: Section 122 or 73/74?

July 17, 2023 53235 Views 3 comments Print

Unravel the Penalty Puzzle under GST: Section 122 or 73/74? Dive into the debate over penalty imposition for non-payment, short-payment, and offenses. Understand the divided interpretations, implications, and the legislative intent. Stay informed to navigate GST complexities.

Amnesty Extended for GSTR-10 Non-filers till August 2023

July 17, 2023 6231 Views 0 comment Print

Central Government extends the amnesty for GSTR-10 non-filers till August 2023 vide Notification No. 26/2023 – Central Tax Dated: 17th July, 2023

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