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 interpretation of the law. The obiter was
Premature Decision on Import of items Cleared through Provisional Assessment: CESTAT grants Relief to Hyundai from “piece-meal” Penal Proceedings [Read Order]
In a notable decision, the Customs, Excise & Service Tax Appellate Tribunal, Chennai (CESTAT) rebuked an adjudication order passed against Hyundai Motors India Ltd., on the basis of premature classification of imported goods through provisional
Minor Procedural Error in Country of Origin Certificate should not Deny Tariff Benefits: CESTAT upholds Doctrine of Substantial Compliance [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ), Chennai has held that a minor procedural error in a Country of Origin (COO) certificate should not prevent the appellant from availing tariff benefits
Interest Not Allowable When Customs Refund was Granted within 3 months from Date of Final Assessment under Customs Act: CESTAT [Read Order]
The Customs, Excise And Service Tax Appellate Tribunal ( CESTAT )  Chandigarh bench held that interest not allowable when customs refund was granted within 3 months from date of final assessment under Customs Act, 1962.
No Customs Duty on Manufacturing of Stainless Steel Coils under Advance Authorisation Scheme: CESTAT [Read Order]
The Allahabad bench of the  Customs, Excise & Service Tax Appellate Tribunal (CESTAT)has held that no Customs Duty on Manufacturing of Stainless Steel Coils Under Advance Authorisation Scheme. The tribunal held that the appellant is
ITAT Weekly Round Up
ITAT upholds CIT(A) decision on Sales Commission Payments, Concluding No TDS Liability for Fees for Technical Services [Read Order] DCIT vs Algonomy Software Pvt. Ltd CITATION: 2024 TAXSCAN (ITAT) 1287 The Bangalore Bench of Income
No Customs Duty on ELISA Kits used only for Food Testing: CESTAT [Read Order]
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that food testing ELISA kits are not for diagnostic purposes on humans and animals, therefore no customs duty exemption
CBIC Mandates Declaration of Additional Qualifiers in Import/Export Filings from December 1, 2024 [Read Circular]
Effective December 1, 2024, the Central Board of Indirect Taxes and Customs ( CBIC ), vide circular no. 21/2024-Customs dated 30th October 2024 mandated the inclusion of additional qualifiers in import and export declarations for
Failure to Consider BoE Duly Explained by CA Certificate: CESTAT quashes Customs Refund Rejection Order [Read Order]
Recently, the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) in Chennai overturned a Customs department order that had rejected a refund claim by one assessee/ appellant, Shriram Impex India Pvt. Ltd. for
Writing Down Inputs for Income Tax Purposes not same as Writing-Off Inputs under Rule 3 (5B) of CCR: CESTAT rules in favour of SAIL [Read Order]
In a ruling in favour of Steel Authority of India ( SAIL ), the Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that writing down the inputs for
CESTAT Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) reported at Taxscan.in during the previous week 20th October 2024 to 27th October 2024.
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 October 20th, 2024, to October 26th, 2024. No Power to Seize Currency under GST Act,
ITAT Weekly Round Up
This weekly round-up analytically summarizes the key stories related to the Income Tax Appellate Tribunal ( ITAT ) reported at Taxscan.in during the previous week 20th October 2024 to 25th October 2024. ITAT sets aside
Wrongful Mentioning of Duty Drawback Scheme, instead of AA Scheme: Kerala HC directs Company to Drawback Amount & Obtain Receipt from Customs Dept. [Read Order]
In a recent case, the Kerala High Court has directed the company to drawback the amount along with interest and obtain receipt from the customs department. The appellant has wrongfully mentioned the shipping bills in
LCD Panels Imported as Liquid Crystal Device Panels, Attracts Nil Customs Duty: CESTAT Rules in Favour of Micromax Informatics [Read Order]
In the case of Micromax Informatics, the Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ) has held that liquid crystal display ( LCD ) Panels Imported as Liquid Crystal Device