CHA Not Obliged to Verify Genuineness Of IE Code For Each Import/Export Transaction: CESTAT [Read Order]
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that CHA is not obliged to verify genuineness of Import Export ( IE ) Code for each import/export transaction. The bench
CESTAT Weekly Round-Up
CESTAT quashes SCN and Order demanding Service Tax on Works Contract M/s Vital Paper Products Pvt Ltd vs Commissioner of Central Tax Tirupati CITATION: 2024 TAXSCAN (CESTAT) 865 A Show Cause Notice (SCN) was issued
Declared Value in Bills of Entry cannot be Rejected Relying on Proforma Invoice, Penalty u/s 114AA not Imposable: CESTAT [Read Order]
The Kolkata Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has quashed the penalty imposed under Section 114AA of the Customs Act and held that declared value in bills of entry cannot be
CBIC issues Compliance Requirements for Health Certificate for Import of Food Consignments following India-Bhutan FSSAI-BFDA Agreement [Read Instruction]
The Central Board of Indirect Taxes and Customs ( CBIC ) has issued Compliance Requirements for Health Certificates on food consignments imported from Bhutan, following the implementation of the Agreement signed between the Food Safety
Non Payment of Basic customs duty and IGST at Time of Filing BEs Bars availment of Refund Benefit: CESTAT [Read Order]
The Principal Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) non-payment of basic customs duty and Integrated Goods and Service Tax ( IGST ) at time of filing bes bars
CBIC notifies omission of GST Rules 96(10), 89(4A), and 89(4B) for Streamlined Refunds on Zero-Rated Exports [Read Notification]
In a significant move aimed at easing the refund process for exporters, the Central Board of Indirect Taxes and Customs (CBIC) has omitted certain provisions from the Central Goods and Services Tax (CGST) Rules, 2017.
CESTAT Orders Reassessment of Rs. 95 Lakh Duty on Reimported Ferrari Car after Alleged Carnet Misuse [Read Order]
In a recent ruling, the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) of Banglore ordered a reassessment of the Rs. 95 lakh duty imposed on a Ferrari Italia 458 reimported into India
CESTAT Rules Imported Consignment Rightly Classified as “Bed Sheets”, Quashes Revenue’s Reclassification [Read Order]
In a recent ruling, the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) in Kolkata quashed the Revenue’s attempt to reclassify a consignment of imported goods and upheld that the imported items were
Supreme Court & High Courts Weekly Round-up
This weekly roundup analytically summarizes the key stories related to the Supreme Court and High Court reported at Taxscan.in from September 28th, 2024, to October 4th, 2024. Denial of ITC on Construction of Immovable Property:
GSTN issues Advisory on Proper Entry of RR No./Parcel Way Bill (PWB) Numbers in EWB system Post EWB-PMS
The Goods and Services Tax Network (GSTN) has issued an advisory on integration of the Parcel Management System (PMS) with the E-Way Bill (EWB) system. This integration, achieved through Application Programming Interfaces (APIs), allows seamless
Mere Omission not amounts to Mis Declaration, Penalty under Customs Act Not Imposable: CESTAT [Read Order]
In a recent case, the Mumbai bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) observed that mere omission not amounts to Mis Declaration and held that Penalty under Customs Act,
Ineligible Scrips for White Poppy Seed Imports Approved by Customs, Rs. 30 Lakh Duty Demand Issued After 4 Years: CESTAT Sets Aside Demand as Time-Barred [Read Order]
The Kolkata Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) set aside a Rs. 30 lakh duty demand, issued after 4 years, for importing white poppy seeds using ineligible scrips.
CESTAT directs Reassessment of Valuation Enhanced solely on DGOV Circular [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) Ahmedabad Bench directed for the reassessment of the valuation which was enhanced solely on the basis of the Directorate General of Valuation (DGOV) Circular.
325-Day Delay in Filing Appeal due to Medical Reasons: CESTAT dismisses Appeal for Exceeding Statutory Limit [Read Order]
The Bangalore bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) dismissed the appeal due to a 325-day delay attributed to medical reasons, finding that it lacked the authority to condone the
Traders Entitled to Exemption under Notification No. 102/2007-Cus for SAD Payments without Endorsement on Invoices: CESTAT [Read Order]
In the recent ruling,the Bangalore bench of Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) affirmed that traders are entitled to exemption under Notification No. 102/2007-Cus for Special Additional Duty ( SAD )