![No Adverse inference against availment of CENVAT Credit: CESTAT quashes Disallowance of Credit [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/availment-of-CENVAT-Credit-CENVAT-Credit-CESTAT-CESTAT-quashes-Disallowance-of-Credit-Disallowance-of-Credit-Credit-taxscan.jpg "No Adverse inference against availment of CENVAT Credit: CESTAT quashes Disallowance of Credit [Read Order]")
No Adverse inference against availment of CENVAT Credit: CESTAT quashes Disallowance of Credit [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal ( CESTAT ), quashed disallowance of credit on the ground that no adverse...
![Input Service Credit not to be Denied on the Ground That It was Availed by Contract Manufacturing Unit: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Input-Service-Credit-Contract-Manufacturing-Unit-CESTAT-TAXSCAN.jpg "Input Service Credit not to be Denied on the Ground That It was Availed by Contract Manufacturing Unit: CESTAT [Read Order]")
![CESTAT grants Credit to Steel items used for setting up Sponge Iron Plant [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/CESTAT-Credit-Steel-items-Sponge-Iron-Plant-taxscan.jpg "CESTAT grants Credit to Steel items used for setting up Sponge Iron Plant [Read Order]")
![Credit is admissible even when Windmill is not located inside Factory Premises: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Credit-Windmill-Factory-CESTAT-taxscan.jpg "Credit is admissible even when Windmill is not located inside Factory Premises: CESTAT [Read Order]")
![Disallowance of Credit cannot be Done by Invoking Rule 6(3) of the Cenvat Credit Rules, 2004 Mechanically: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Credit-Cenvat-Credit-Rules-CESTAT-taxscan.jpg "Disallowance of Credit cannot be Done by Invoking Rule 6(3) of the Cenvat Credit Rules, 2004 Mechanically: CESTAT [Read Order]")
'Purchase on Credit' included within the Meaning of 'Unexplained Cash Credit' u/s 68 of Income Tax Act: ITAT [Read Order]
While allowing a departmental appeal, the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has held that the term “purchase on credit” shall be included within the meaning of “unexplained...
![Purchase on Credit included within the Meaning of Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Credit-Unexplained-Cash-Credit-Income-Tax-Act-ITAT-taxscan.jpg "Purchase on Credit included within the Meaning of Unexplained Cash Credit u/s 68 of Income Tax Act: ITAT [Read Order]")
Supply from DTA to SEZ: CESTAT allows CENVAT Credit Claim by ArcelorMittal Nippon Steel India [Read Order]
In a major relief to ArcelorMittal Nippon Steel India Pvt. Ltd. (Formerly Essar Steel India Ltd.), the Hyderabad Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that, Cenvat...
![Supply from DTA to SEZ: CESTAT allows CENVAT Credit Claim by ArcelorMittal Nippon Steel India [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/DTA-SEZ-CESTAT-CENVAT-ArcelorMittal-Nippon-Steel-TAXSCAN.jpg "Supply from DTA to SEZ: CESTAT allows CENVAT Credit Claim by ArcelorMittal Nippon Steel India [Read Order]")
Place of Receipt Outside India qualifies as Export Services, Denying Service Credit not sustainable: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Chandigarh has held that the place of receipt outside India qualifies as export service and the denial of service credit is not...
![Place of Receipt Outside India qualifies as Export Services, Denying Service Credit not sustainable: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/09/export-services-service-credit-CESTAT-taxscan.jpg "Place of Receipt Outside India qualifies as Export Services, Denying Service Credit not sustainable: CESTAT [Read Order]")
Income Tax Addition u/s 68 cannot sustain when Source of Credit is Explained with Details of Creditors: ITAT [Read Order]
The Income-Tax Appellate Tribunal, Chennai bench held that an addition to income tax u/s 68 cannot sustain when source of credit is explained with details of creditors. The appellant was...
![Income Tax Addition u/s 68 cannot sustain when Source of Credit is Explained with Details of Creditors: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Income-Tax-Addition-Credit-Creditors-ITAT-taxscan.jpg "Income Tax Addition u/s 68 cannot sustain when Source of Credit is Explained with Details of Creditors: ITAT [Read Order]")
![Mentioning of PAN does not attribute Transaction or Credit to Assessee: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/PAN-transaction-credit-assessee-ITAT-Taxscan.jpeg "Mentioning of PAN does not attribute Transaction or Credit to Assessee: ITAT [Read Order]")
ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi bench comprising Shri Saktijit Dey, Judicial Member & Shri Pradip Kumar Kedia, Accountant Member has allowed TDS credit to the assessee in the...
![ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/ITAT-TDS-Credit-Credit-Claim-taxscan.jpg "ITAT allows TDS Credit in the Year of Accrual subject to Submission of Affidavit promising No Credit shall be Claimed in Future [Read Order]")
Denial of Credit availed on Capital Goods due to Higher Rate of Drawback: Madras HC quashes Single Bench Decision denying Benefit to Exporter [Read Order]
A division bench of the Madras High Court has quashed a single judge decision wherein the rebate of duty paid out of credit availed on capital goods was denied to the exporter on the ground the a...
![Denial of Credit availed on Capital Goods due to Higher Rate of Drawback: Madras HC quashes Single Bench Decision denying Benefit to Exporter [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Credit-Capital-Goods-Madras-HC-Exporter-taxscan.jpg "Denial of Credit availed on Capital Goods due to Higher Rate of Drawback: Madras HC quashes Single Bench Decision denying Benefit to Exporter [Read Order]")