Denial of Claim of 4 % SAD Refund alleging Trivial Procedural Requirement: CESTAT allows Refund [Read Order]
In a recent judgement, the Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) held that the denial of the Claim of 4 % Special Additional Duty ( SAD )
No Claim for benefit of SAD Exemption Notification on Import of parts of Articles of Jewellery: CESTAT [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), observed that no claim can be made for benefit of Special Additional Duty ( SAD ) exemption notification on
SAD not leviable on Clearance of ‘Sample’ of CD or DVD devices in DTA which is not subjected to VAT: CESTAT [Read Order]
The Allahabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the Special Additional Duty (SAD) cannot be levied on the clearance of sample of Compact Disc (CD) or Digital Video
KPMG is hiring CA with Statutory Audit Experience
The KPMG has invited applications from eligible candidates for the post of Assistant Manager. The KPMG is a leading professional services firm comprising over 174,000 professionals who work together to deliver value in more than
‘Natural Rock Phosphate’ Imported Goods are Not considered as ‘Fertilizers’ under FCO and Ineligible to Claim Exemption of SAD under Exemption Notification : CESTAT [Read Order]
The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the natural rock phosphate of imported goods is not considered fertilizers under Food Control Order (FCO) and ineligible to claim
SAD Exemption Benefit Allowable if Imported Pre-packed Form of Goods Meant for Retail Sale: CESTAT [Read Order]
The Ahmedabad bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the Special Additional Duty (SAD) exemption benefits were allowable if the imported pre-packed form of goods meant for the retail
ITAT deletes Penalty u/s 271(1)(b) and 272A(1)(b) for Improper Procedure in Issuance of Income Tax Notice [Read Order]
The Amritsar Bench of the Income Tax Appellate Tribunal (ITAT) recently deleted the penalty under Sections 271(1)(b) and 272A(1)(b) of the Income Tax Act due to improper procedure in issuance of notice. The assessee, Antony
SC excludes the Operative Period of Interim stay order which affects Passing of Assessment Order For the purpose of S. 158BE(2) of Income Tax Act [DOWNLOAD JUDGMENT]
The Supreme Court in an appeal filed by VLS FINANCE LTD against the Commissioner of Income Tax held that for the purpose of computation of limitation under section 158BE(2) of the Income Tax Act, the
Sanction of Refund Claim of SAD on ground of Genuine Disclosure of Relevant Documents: CESTAT Dismisses Appeal of Revenue [Read Order]
The Chennai bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) dismissed the appeal filed by the revenue on the ground of genuine disclosure of relevant documents filed by the assessee for the
Chartered Accountants can Demand High Remuneration on Producing Good Quality Audit Reports: Delhi HC [Read Judgment]
“Chartered Accountants are not automatons who, without having access to food or being able to attend to all other necessities, would churn out good quality reports after analysing voluminous records”. In Rakesh Raj & Associates
Customs Exemption Benefit on wind operated Electricity Generator not allowable in absence of Certificate from MNRE: CESTAT [Read Order]
The Chennai bench of the Customs, Excise & Service Tax Appellate Tribunal(CESTAT) Customs Exemption Benefit on Wind Operated  Electricity Generator not allowable in absence of Certificate from Ministry of New and Renewable Energy (M.N.R.E). M/s.Gamesa
CESTAT quashes Rejection of Refund claim of SAD on Import of Shoes on ground of Non-inclusion of Allegation in SCN [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) quashed the rejection of the refund claim of Special Additional Duty (SAD) on the import of shoes on the ground of non-inclusion
Trader-Importer Eligible for Additional Customs Duty Refund Despite Missing ‘Credit of Duty’ Endorsement on Invoices If Other Conditions under Customs Notification are Satisfied: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai bench has held that trader-importers are eligible for a refund of 4% Additional Duty of Customs, even if their invoices do not contain the specific
Recovery of SAD Refund is not valid when Assessee compiled with all conditions under Refund Notification: CESTAT [Read Order]
In a recent case, the Ahmedabad bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that the recovery of a Special Additional Duty (SAD) refund is not valid when assessee has
Time Limit prescribed not Automatically applicable to refund under Notification in absence of specific provision: CESTAT allows SAD Refund [Read Order]
The New Delhi Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), allowed Special Additional Duty (SAD) refund and noted that the time limit prescribed not  automatically applicable to refund under notification in