Karnataka High Court held that service of software development to overseas service recipients are that of an independent service provider which qualify as export of services under the service tax provisions and 2(6) of the IGST Act. Accordingly, refund granted and petition allowed.
CESTAT Delhi held that bank charges paid to foreign bank is not taxable in India under Reverse Charge Mechanism as the said services has been provided outside the taxable territory and hence outside the purview of section 66B for levy of service tax.
Himachal Pradesh High Court clarifies that payments made “under protest” against alleged ITC discrepancies do not constitute an admission of GST liability. The Court quashed interest and penalties imposed on Shyama Power India Ltd., directing re-issuance of demand to allow appeal.
The Allahabad High Court granted bail to accused individuals in a GST fake invoice case, citing reliance on confessional statements, lack of conclusive evidence, and trial delays.
Mumbai ITAT grants relief to senior citizen Neeta Rohit Patel, quashing interest under Sections 234B & 234C on exempt partnership income. Landmark ruling clarifies advance tax exemption.
ITAT Mumbai held that in the present case there is a surrender of tenancy rights against which a new flat has been allotted. Thus, deduction u/s. 54F admissible against the capital gain so computed on surrender of tenancy right.
CAAR Mumbai resolves classification dispute for Clutch Master and Slave Cylinders. Ruling rejects CTH 8412, placing items under CTH 8708 as vehicle parts.
Mumbai’s CAAR classifies Insulated Gate Bipolar Transistors (IGBTs) under CTH 8541.29.00, citing HSN notes. The ruling impacts EV component importers.
CAAR Mumbai classifies Novus Animal Nutrition’s ‘XYLAMAX’ under CTH 2309 90 90 as an animal feed preparation, not an enzyme, based on its composition and use.
CAAR Mumbai classifies roasted cashews under CTI 20081910 but declines to rule on roasted areca nuts and scented supari due to existing court orders and litigation.
