CAAR Mumbai holds that R.K. International’s imported mining tyres fall under HS Code 4011 80 00, citing technical features, CBIC circulars, and judicial precedents.
Mumbai CAAR classifies Corn Silk Extract Powder under CTH 1302 19 19, granting partial customs duty exemption. Ruling clarifies “vegetable extract” scope.
The Competition Commission of India is examining allegations that GMR Hyderabad International Airport Limited unfairly restricted Air Works India’s aircraft maintenance services, potentially favoring its own subsidiary.
Allahabad High Court sets aside GST penalty on Kumar Cargo Solution, ruling no tax evasion intent was established; directs release of seized vehicle and goods.
A unified front of professional bodies, including the Institute of Chartered Accountants of India (ICAI), is amplifying calls for an extension of the tax audit report (TAR) and Income Tax Return (ITR) filing deadlines. The current due date for TARs is September 30, with a corresponding ITR deadline of October 31 for audit cases. Citing […]
The Rajasthan High Court orders the refund of Rs. 24 lakh collected during a search, citing no valid demand. The court also imposes a 12% interest and a penalty.
The CESTAT ruled that a service tax demand cannot be based solely on income declared during an income tax survey without corroborating evidence of taxable services.
The Calcutta High Court has set aside an appellate authority’s order rejecting a GST appeal on grounds of a 56-day delay.
CESTAT Hyderabad ruled that depreciation on capital goods under EOU scheme is admissible only until date of de-bonding, not until date of duty payment.
The Calcutta High Court has set aside a 200% GST penalty on a business for an expired e-way bill, ruling the tax authority failed to prove an intent to evade tax.
