Tribunal reiterated that credits brought forward from earlier financial years cannot ordinarily be taxed under Section 68 in subsequent years. The matter was remanded for verification because the assessee had not furnished complete creditor details.
CESTAT Chennai held that imported cold heading quality alloy steel products were classifiable as wire under CTH 7229 after undergoing cold drawing processes. The Tribunal ruled that denial of exemption and differential duty demand could not survive once the classification was found correct.
CESTAT Chennai held that services provided to SEZ units for authorised operations remain exempt from service tax even if part of the services are rendered outside SEZ premises. The Tribunal relied on Sections 26 and 51 of the SEZ Act to allow the appeal.
The Court held that once the GST Appellate Tribunal became operational and timelines were extended, disputes should be pursued through the statutory appellate mechanism instead of writ proceedings.
The Bangalore CESTAT held that a refund claim cannot reopen a finalized customs assessment where the importer failed to challenge the self-assessed Bill of Entry within the statutory appeal period.
CESTAT Delhi held that mere misclassification of imported goods does not attract confiscation under Section 111(m) of the Customs Act. Since the goods were not liable for confiscation, penalty on the Customs House Agent under Section 112(a)(ii) was set aside.
