![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]")
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...
![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]](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]")
![Premature Decision on Import of items Cleared through Provisional Assessment: CESTAT grants Relief to Hyundai from piece-meal Penal Proceedings [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Premature-Decision-Import-Cleared-Provisional-Assessment-CESTAT-Relief-to-Hyundai-piece-meal-Penal-Proceedings-taxscan.jpg "Premature Decision on Import of items Cleared through Provisional Assessment: CESTAT grants Relief to Hyundai from piece-meal Penal Proceedings [Read Order]")
![Minor Procedural Error in Country of Origin Certificate should not Deny Tariff Benefits: CESTAT upholds Doctrine of Substantial Compliance [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Minor-Procedural-Minor-Procedural-Error-Procedural-Error-Country-of-Origin-Certificate-Deny-Tariff-Benefits-TAXSCAN.jpeg "Minor Procedural Error in Country of Origin Certificate should not Deny Tariff Benefits: CESTAT upholds Doctrine of Substantial Compliance [Read Order]")
Quotations/Proforma Invoices not Binding Agreements, not to be used to Redetermine Value of Imported Goods under Customs Valuation Rules: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Chennai has clarified that quotations or proforma invoices cannot serve as a basis to enhance the declared value of imported goods...
Excise Duty Liability to be Assessed in Aggregate: CESTAT allows Set Off of Excess Duty Payments Against Shortfalls without Interest Charges [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ), Chennai, has allowed the set off of excess excise duty payments against any shortfalls within the same assessment period without...
![Excise Duty Liability to be Assessed in Aggregate: CESTAT allows Set Off of Excess Duty Payments Against Shortfalls without Interest Charges [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-Chennai-CESTAT-Excise-Duty-Excise-Duty-Liability-Assessed-in-Aggregate-CESTAT-Allows-Set-Off-Excess-Duty-Payments-Shortfalls-Interest-Charges-taxscan.jpg "Excise Duty Liability to be Assessed in Aggregate: CESTAT allows Set Off of Excess Duty Payments Against Shortfalls without Interest Charges [Read Order]")
No Penalty Applies when wrongful CENVAT Credit Claim Reversed Voluntarily before issuance of SCN: CESTAT reduces Penalty [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), Chennai has reduced the penalty imposed on M/s. Natesan Synchrocones Pvt. Ltd. for wrongful availing of Central Value Added Tax (...
![No Penalty Applies when wrongful CENVAT Credit Claim Reversed Voluntarily before issuance of SCN: CESTAT reduces Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-CENVAT-Credit-SCN-Show-Cause-Notice-CESTAT-Reduces-Penalty-on-CENVAT-Claim-Taxscan.jpg "No Penalty Applies when wrongful CENVAT Credit Claim Reversed Voluntarily before issuance of SCN: CESTAT reduces Penalty [Read Order]")
Transitional Credit as Vested Right cannot be Denied on Procedural or Technical Grounds: CESTAT approves Service Tax Refund Under RCM [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that transitional credit as a vested right cannot be denied based on procedural or technical grounds and...
![Transitional Credit as Vested Right cannot be Denied on Procedural or Technical Grounds: CESTAT approves Service Tax Refund Under RCM [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Transitional-Credit-Vested-Right-Denied-Procedural-Technical-Grounds-CESTAT-Service-Tax-Refund-RCM-taxscan.jpg "Transitional Credit as Vested Right cannot be Denied on Procedural or Technical Grounds: CESTAT approves Service Tax Refund Under RCM [Read Order]")
No Customs Duty Demand on Materials Intended for Manufacturing when Destroyed by Fire Accident: CESTAT [Read Order]
The Chennai Bench of the Customs, Excise, and Service Tax Appellate Tribunal ( CESTAT ) ruled that customs duty cannot be demanded on imported materials intended for manufacturing if they are...
![No Customs Duty Demand on Materials Intended for Manufacturing when Destroyed by Fire Accident: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/11/Customs-Duty-fire-accident-customs-duty-customs-duty-exemption-fire-accident-customs-duty-exemption-taxscan.jpg "No Customs Duty Demand on Materials Intended for Manufacturing when Destroyed by Fire Accident: CESTAT [Read Order]")
Relief to RAMCO Cements: CESTAT remands CENVAT Credit Matter to determine Place of Removal on Outward GTA Services [Read order]
The Customs, Excise And Service Tax Appellate Tribunal ( CESTAT ), Chennai granted relief to RAMCO Cements in a case surrounding eligibility to avail Central Value Added Tax ( CENVAT ) Credit. The...
![Relief to RAMCO Cements: CESTAT remands CENVAT Credit Matter to determine Place of Removal on Outward GTA Services [Read order]](https://www.taxscan.in/wp-content/uploads/2024/11/CESTAT-CESTAT-Chennai-Customs-CENVAT-Credit-Central-Value-Added-Tax-Credit-TAXSCAN.jpg "Relief to RAMCO Cements: CESTAT remands CENVAT Credit Matter to determine Place of Removal on Outward GTA Services [Read order]")