Section 112 of the Customs Act

CESTAT - Citibank - Penalty - CESTAT quashes Penalty - Customs Act - ATM - taxscan

Relief to Citibank: CESTAT quashes Penalty imposed u/s 112 Customs Act on purchase of ATMs made within India [Read Order]

November 29, 2022

CESTAT - notice - order - Bombay HC - taxscan

CESTAT must ensure that notice was properly served to parties before passing order: Bombay HC [Read Order]

October 19, 2022

Central Excise Duty - Confiscation - CSETAT - Taxscan

Penalty u/s 112 Can’t be imposed unless Evidences to Show Prior Knowledge of Fraud and Wrongful Intent: CESTAT [Read Order]

December 24, 2019

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Pre-Assessment Notice -Non Issuance of Pre-Assessment Notice - Madras HC - VAT Assessment - taxscan

Non Issuance of Pre-Assessment Notice: Madras HC Quashes VAT Assessment [Read Order]

December 2, 2022

A Single Bench of the Madras High Court quashed the Value Added Tax ( VAT ) assessment order and ordered to re-do the assessment, as the pre-assessment notice was not served to the assessee. In the instant case, the assessee filed a writ petition challenging the order of assistant commissioner dated 21.04.2017 who proceeded with the […]

Domestic companies - Tax - Tax Reduction - Income Tax Act - Income Tax - Taxscan

Domestic Companies should file Form 10–IC for claiming Tax Reduction u/s 115BAA of the Income Tax Act: ITAT [Read Order]

December 2, 2022

The Mumbai Bench of the Income Tax Appellate Tribunal ( ITAT ) has held that for claiming reduction under section 115BAA of Income Tax Act the domestic companies should file form 10-IC within the prescribed time. On behalf of the appellant, Counsel Nihar A. Mehta appeared and Chetan M. Kacha appeared for the department. The […]

E-Way Bills - Trucks Seized - Smuggling - liquor - gst - GST Council - Patna High Court - Bail - - taxscan

Blocking of E-Way Bills of Trucks Seized in case of Smuggling of Liquor in Bihar: Lack of Cooperation by GST Council addressed at Patna HC amidst Bail Hearing [Read Order]

December 2, 2022

The Patna High Court, amidst hearing the bail plea of the accused in Sanjiv Kumar Rai vs The State of Bihar [2022 TAXSCAN (HC) 968], observed the lack of cooperation of the GST Council to block the generation of E-way Bills with respect to such trucks which are seized and confiscated in the State of […]

Customs - Excise - Service Tax - inventory - general provision - CESTAT - Cenvat Credit - taxscan

Failure to identify details of inventory for which general provision were made: CESTAT sets aside Reversal of Cenvat Credit [Read Order]

December 2, 2022

A Division Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), New Delhi set aside reversal of Cenvat Credit on the ground of failure to identify details of inventory for which general provision were made. The issue involved in this appeal is whether the provisions of Rule 3(5)(B) of CCR, 2004 are attracted […]

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Non Issuance of Pre-Assessment Notice: Madras HC Quashes VAT Assessment [Read Order]

December 2, 2022

Domestic Companies should file Form 10–IC for claiming Tax Reduction u/s 115BAA of the Income Tax Act: ITAT [Read Order]

December 2, 2022

Blocking of E-Way Bills of Trucks Seized in case of Smuggling of Liquor in Bihar: Lack of Cooperation by GST Council addressed at Patna HC amidst Bail Hearing [Read Order]

December 2, 2022

Failure to identify details of inventory for which general provision were made: CESTAT sets aside Reversal of Cenvat Credit [Read Order]

December 2, 2022

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