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Judiciary

National Faceless Assessment Centre was Prescribed Income tax Authority for issuance of notice u/s 143(2)

June 6, 2024 1710 Views 0 comment Print

Assessee was a commercial bank having its head office in France and had 8 branches in India. Assessee was involved in normal banking activities including financing of foreign trade and foreign exchange transaction

Customs Broker Not Liable for Client’s Failure to Inform Authorities of Address Change

June 6, 2024 225 Views 0 comment Print

xplore the case of Shakti Cargo Movers vs. Commissioner of Customs at CESTAT Delhi, where the court ruled that a customs broker cannot be held responsible if a client fails to inform authorities of an address change.

Shampoo Sachet Assessable under Section 4 of Central Excise Act if MRP Declaration not Mandatory

June 6, 2024 216 Views 0 comment Print

Understand the case of Hindustan Unilever Ltd. vs Commissioner regarding shampoo sachet assessable value under Central Excise Act.

Transit Sales Exemption Eligible Only if Sale Occurred in Transit: Kerala HC

June 6, 2024 327 Views 0 comment Print

The case of I.T.I. Ltd v. State of Kerala before the Kerala High Court revolves around the eligibility of transit sales exemption for goods purchased in 2001-02 but sold in 2002-03. The petitioner contends that subsequent sales in 2002-03 should be exempt, but the tribunal ruled otherwise.

Income Tax: Section 143(1) intimation cannot be revised under Section 264

June 6, 2024 5349 Views 0 comment Print

Explore the Delhi High Courts decision on whether intimation under Section 143(1) can be revised under Section 264 of the Income-tax Act, 1961. Learn the implications for taxpayers.

Improper uploading of SCN on GST portal: Delhi HC directs re-adjudication

June 6, 2024 531 Views 0 comment Print

Delhi High Court quashes a demand of Rs 22 lakhs against Udayraj Yadav due to improper uploading of Show Cause Notice in GST portal. Full text of judgment included.

Custom Duty Exemption: Imported Prototypes as Aircraft Parts – CESTAT Ruling

June 6, 2024 207 Views 0 comment Print

Dive into the customs duty exemption dispute between Halbit Avionics Pvt Ltd and the Commissioner of Customs (CESTAT Bangalore). Detailed analysis of imports for aircraft upgradation and eligibility for duty exemption.

Sweet Pearl P200 containing 99% Maltitol Crystals falls under CTH 2905

June 6, 2024 204 Views 0 comment Print

Read the full text of the CESTAT Chennai order on the classification of Sweet Pearl P200 containing 99% Maltitol Crystals. Analysis, conclusion, and consequential benefits discussed.

Customs is legally bound by notifications issued by DGFT: CESTAT Bangalore

June 6, 2024 300 Views 0 comment Print

CESTAT Bangalore’s ruling emphasizes customs adherence to DGFT notifications. In Specta Decor Pvt Limited vs. Commissioner of Customs case, a redemption fine is reduced due to unforeseen circumstances.

Delhi HC Quashes GST SCN: No Reply Opportunity Granted

June 6, 2024 360 Views 0 comment Print

Delhi High Court quashes demand order under CGST Act due to lack of opportunity to reply to GST SCN. Detailed analysis and implications discussed.

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