CAAR Mumbai classified PLC Splitters under Customs Tariff Heading 85177990 as parts of telecommunication apparatus, aligning with industry submissions and previous tribunal rulings.
CAAR Mumbai rules Makrofol Polycarbonate Film is classified under CTI 3920 61 90. This decision clarifies that the product’s primary identity as a plastic film takes precedence over its optical properties for customs classification.
NCLAT Delhi held that delay in filing restoration appeal can be condoned in terms of rule 48 of the NCLT Rules, 2016 since sufficient cause made out. Accordingly, matter restored back to the Adjudicating Authority.
ITAT Ahmedabad held that taxing entire unaccounted cash receipts or on-money receipts not justified as only profit embedded in such receipts is taxable. Accordingly, AO directed to adopt 13% profit margin on real estate business and tax accordingly.
ITAT Hyderabad held that addition under section 69 of the Income Tax Act towards unexplained investment sustained since documents seized is incriminating in nature. Accordingly, appeal of assessee dismissed.
Gujarat High Court upholds CA certificates for unutilized ITC refunds on netted foreign exchange, easing compliance for businesses with RBI-approved clearing mechanisms. This ruling clarifies proof requirements for forex export services.
Rajasthan High Court held that bail application in GST fake firm case is denied based on seriousness of the offence and also petitioner has attempted to abscond from the custody at the time of consideration of bail application.
India’s Competition Commission closed a case against Cholamandalam MS General Insurance and Central Bank of India, finding no dominance or competition concerns in a dispute over a flood-damaged micro-unit’s insurance claim.
Calcutta High Court rules uploading orders on the GST portal is valid service under Section 169(1)(d), rejecting claims that other methods must be exhausted first.
Himachal Pradesh High Court stays Section 148 notice, ruling jurisdictional officer lacked authority under the Faceless Assessment Scheme. Cites Telangana and Bombay High Courts.
