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Archive: February, 2024

Posts in February, 2024

GST registration cannot be cancelled with retrospective effect mechanically

February 16, 2024 2064 Views 0 comment Print

Read about the Delhi High Court’s decision to quash a retrospective GST cancellation order due to non-filing of returns following the taxpayer’s death.

Bihar HC Upholds GST Registration Cancellation for Non-Filing of Returns

February 16, 2024 855 Views 0 comment Print

Read about the Bihar High Court’s decision confirming the cancellation of GST registration due to non-filing of returns and the petitioner’s failure to avail of appellate remedies.

Documents conveying right to use software rightly classifiable under CTH 49

February 16, 2024 1176 Views 0 comment Print

Read about CESTAT Bangalore’s ruling confirming separate classification for software licenses and software, allowing the benefit of nil customs duty rate.

Duty-free shop licensee liable to customs duty if violates Customs Act provisions

February 16, 2024 1359 Views 0 comment Print

Learn from CESTAT Bangalore’s ruling that a duty-free shop licensee must pay customs duty when violating Customs Act provisions. Analysis & implications explained.

Reimbursable Expenses Excluded from Taxable Value for Warranty Service: CESTAT Bangalore

February 16, 2024 624 Views 0 comment Print

CESTAT Bangalore rules reimbursable expenses not includable in taxable value for services under warranty, setting precedent for service tax assessments.

Foreign Supplier’s Higher Discount Doesn’t Imply Undervaluation: CESTAT Bangalore

February 15, 2024 729 Views 0 comment Print

CESTAT Bangalore sets aside differential duty in Hazel Mercantile Ltd. vs Commissioner of Customs case, emphasizing no demand on undervaluation due to higher discount on import.

Penalty Unsustainable: Lack of Evidence in Prohibited Goods Transportation Case

February 15, 2024 555 Views 0 comment Print

CESTAT Bangalore nullifies Rs. 1,00,000 penalty on B.K. Manjunath under Customs Act Section 114(1) due to lack of evidence in illegal export allegation.

Declared values can be rejected on solid evidence & not on arbitrary comparisons or databases

February 15, 2024 648 Views 0 comment Print

CESTAT Ahmedabad emphasizes the importance of evidence in rejecting bill of entry values in Deeplalit Enterprise P Ltd Vs C.C.-Ahmedabad case.

Delhi HC Directs Consideration of ITC Refund in Light of CBIC Circular

February 15, 2024 879 Views 0 comment Print

Explore the Delhi High Court’s directive to reconsider ITC refund application in light of CBIC circular, impacting Bharti Enterprises’ case. Full analysis inside.

ITAT Hyderabad Orders Review of Jewellers’ Demonetization Cash Deposits & Sales

February 15, 2024 1587 Views 0 comment Print

ITAT Hyderabad orders fresh examination of Bollam Sampath Kumar Jewellers’ cash deposits and sales during demonetization, highlighting the importance of documentation.

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