In M/s Anil Enterprises v. CCE, the Customs, Excise, and Service Tax Tribunal ( CESTAT ) ruled that non-accounting of raw materials would not attract penalty since the Assessee is not the manufacturer or dealer
A two-judge bench of the Kerala High Court has held that the Input Tax Credit cannot be granted to a dealer when the registration of the selling dealer was cancelled by the department after the
The Delhi VAT Tribunal ruled that no penalty can be imposed for mismatch of 2A & 2B if the purchasing dealer is Bonafide. The appellant, M/s Honeywell Automation India Ltd. has assailed the order of
The Bangalore Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed excise duty demand as there was no recovery of credit from the first stage dealer. Alleging that the said additional customs
In M/s.Vijay Galaxy v. CTO, the Madras High Court has held that a claim for input tax credit cannot be denied by the department by mere ground that the selling dealer has not paid tax.
In Rohan Motors Ltd v. CCE, Meerut, the Delhi bench of the Customs, Excise and Service Tax , Appellate Tribunal (CESTAT) held that an automobile dealer not liable to pay service tax in respect of
The Delhi bench of the CESTAT recently held that the department cannot demand Service Tax on the amount retained by Car dealer in respect of RTO registration fees. In the instant case, the appellant, M/s
The Kerala High Court in the case of H.D.F.C Bank Ltd, Kochi held that the appellant, financier Bank is liable to include sale consideration from the transaction of re-possession of hypothecated vehicle and effecting transfer
The Bangalore bench of Karnataka Authority for Advance Ruling (KAAR) held that the distribution of gold coins and white goods to the dealers upon their achieving the stipulated lifting of the material/ purchase target during
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the profit element from bogus purchases made through the hawala dealers are subject to income tax. The assessee, Dhanesh Mulji Gala engaged
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), Chennai has held that the allegation of availment of fraudulent credit cannot be made only on the basis of the description of the goods
In the case of State of Tamil Nadu vs Tvl.J.Hanumaiah Chetty and Co, Madras High Court recently held that dealer cannot avail the benefit of compounding under the Tamil Nadu VAT Act if the same
The Income Tax Department has issued the Guidance on uploading of Manually submitted Form 15CA and Form 15CB with Authorised Dealers. In accordance with Press release dated 20th July 2021 issued by Central Board of
The National Anti-Profiteering Authority (NAA), while imposing a penalty on a dealer who did not pass the GST rate reduction benefit to the customers, ruled that the benefit of tax reduction should be passed on
The single bench of the Allahabad high court in a revision petition filed before it held that four percent Value Added Tax is applicable to supply of Pat Pre-Form of plastic bottles to dealers. The