Avinash Kurungot
Avinash Kurungot is a B.B.A. LL.B (Hons.) Graduate from Christ University, Bangalore. Following a stint in Civil Litigation, marking appearances across the High Court of Kerala and various sub-courts, he has channelled his skills towards developing engaging tax, finance and news content.
![RBI Penalty on third-party vendors for Non-performance or under-performance of Contract not subject to GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/RBI-Reserve-Bank-of-India-AAR-RBI-Penalty-GST-Authority-for-Advance-Ruling-RBI-Penalty-on-Vendors-Taxscan.jpeg "RBI Penalty on third-party vendors for Non-performance or under-performance of Contract not subject to GST: AAR [Read Order]")
RBI Penalty on third-party vendors for Non-performance or under-performance of Contract not subject to GST: AAR [Read Order]
The Maharashtra Authority for Advance Ruling ( AAR ) while addressing an Application filed by the Reserve Bank of India ( RBI ) observed that the...
![Delay in Admission of Additional Evidence u/r 46A: ITAT quashes ₹34L addition to Taxable Income, Remands Matter [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Delhi-Taxable-Income-Delay-in-additional-evidence-Rule-46A-Tax-addition-quashed-Taxscan.jpg "Delay in Admission of Additional Evidence u/r 46A: ITAT quashes ₹34L addition to Taxable Income, Remands Matter [Read Order]")
![Relief to Hyundai as CESTAT quashes Classification beyond Allegations made in SCN [Read order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Relief-to-Hyundai-Hyundai-CESTAT-quashes-Allegations-SCN-Show-Cause-Notice-Classification-beyond-Allegations-taxscan.jpg "Relief to Hyundai as CESTAT quashes Classification beyond Allegations made in SCN [Read order]")
Camshaft Assembly eligible for Exemption since COO Certificate at 6 digit level covers Goods Imported by Hyundai: CESTAT [Read Order]
In a noted ruling, the Customs, Excise & Service Tax Appellate Tribunal, Chennai ( CESTAT ) held that camshaft assemblies imported by Hyundai are eligible for Basic Customs Duty (BCD) Exemption...
![Camshaft Assembly eligible for Exemption since COO Certificate at 6 digit level covers Goods Imported by Hyundai: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Camshaft-Camshaft-Assembly-Exemption-Country-of-Origin-Country-of-Origin-Certificate-Origin-Certificate-taxscan.jpg "Camshaft Assembly eligible for Exemption since COO Certificate at 6 digit level covers Goods Imported by Hyundai: CESTAT [Read Order]")
Penalties, Late Fees/Penal Interests, Fines levied by RBI not Consideration for Supply, GST not Leviable: AAR [Read Order]
The Maharashtra Authority for Advance Ruling ( AAR ) while addressing an Application filed by the Reserve Bank of India ( RBI ) ruled that Penalties, Late Fees, Penal Interests or Fines levied and...
![Penalties, Late Fees/Penal Interests, Fines levied by RBI not Consideration for Supply, GST not Leviable: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/AAR-Authority-for-Advance-Ruling-No-GST-on-RBI-Penalties-and-Fines-Maharasgtra-Authority-for-Advance-Ruling-Late-Fees-Taxscan.jpg "Penalties, Late Fees/Penal Interests, Fines levied by RBI not Consideration for Supply, GST not Leviable: AAR [Read Order]")
ITAT Absolves Income Taxpayer of Advance Tax Liability u/s 209 observing Lack of Implicating Material [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Hyderabad recently quashed an Order issued by the Commissioner of Income Taxes (Appeals) - National Faceless Assessment Centre ( CIT (A) ), Delhi citing...
![ITAT Absolves Income Taxpayer of Advance Tax Liability u/s 209 observing Lack of Implicating Material [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/ITAT-ITAT-Hyderabad-Tax-Liability-Income-Tax-Section-209-of-Income-Tax-Act-Income-Tax-Act-Taxscan.jpg "ITAT Absolves Income Taxpayer of Advance Tax Liability u/s 209 observing Lack of Implicating Material [Read Order]")
Relief to Hyundai: CESTAT holds Department unable to discharge Burden of Proof on Merits of Classification of Imported Oil Control Valves [Read Order]
In a notable ruling, the Customs, Excise & Service Tax Appellate Tribunal, Chennai ( CESTAT ) provided relief to Hyundai, holding that the Customs Department had been unable to discharge their...
![Relief to Hyundai: CESTAT holds Department unable to discharge Burden of Proof on Merits of Classification of Imported Oil Control Valves [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-Customs-Department-Oil-Control-Valves-Hyundai-Case-Hyundai-Oil-Valve-Case-Taxscan.jpg "Relief to Hyundai: CESTAT holds Department unable to discharge Burden of Proof on Merits of Classification of Imported Oil Control Valves [Read Order]")
No Invocation of Extended Periods of Limitation in Cases involving Interpretative Issues: CESTAT quashes Demand and Customs Duty Confirmation Orders against Hyundai [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal, Chennai ( CESTAT ) recently clarified that extended period of limitation cannot be invoked in matters involving issues surrounding precise...
![No Invocation of Extended Periods of Limitation in Cases involving Interpretative Issues: CESTAT quashes Demand and Customs Duty Confirmation Orders against Hyundai [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-No-Invocation-Extended-Periods-Extended-Periods-Limitation-Cases-involving-Interpretative-Issues-Hyundai-TAXSCAN.jpg "No Invocation of Extended Periods of Limitation in Cases involving Interpretative Issues: CESTAT quashes Demand and Customs Duty Confirmation Orders against Hyundai [Read Order]")
No Denial of Concessional Duty once COO Certificate covers Imported Goods: CESTAT in Relief to Hyundai [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal, Chennai ( CESTAT ) granted relief to Hyundai, holding that the Customs Department may not deny concessional duty available to an importer...
![No Denial of Concessional Duty once COO Certificate covers Imported Goods: CESTAT in Relief to Hyundai [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Customs-Customs-Department-TAXSCAN.jpg "No Denial of Concessional Duty once COO Certificate covers Imported Goods: CESTAT in Relief to Hyundai [Read Order]")