![Relief to ACC Limited; Rule 14 of CENVAT Credit Rules Applicable only to Manufacturers/Service Providers & Credit Defaulters, CESTAT quashes Recovery Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Relief-ACC-Rule-CENVAT-Credit-Applicable-Manufacturers-Service-Providers-Credit-Defaulters-CESTAT-TAXSCAN.jpg "Relief to ACC Limited; Rule 14 of CENVAT Credit Rules Applicable only to Manufacturers/Service Providers & Credit Defaulters, CESTAT quashes Recovery Order [Read Order]")
Relief to ACC Limited; Rule 14 of CENVAT Credit Rules Applicable only to Manufacturers/Service Providers & Credit Defaulters, CESTAT quashes Recovery Order [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Mumbai bench has quashed the recovery of Central Value Added Tax (CENVAT) credit...
![Relief to Videocon Industries, Interest of Refund allowable even if Refund was Granted after 3 Months from Date of Commissioners Order: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Relief-Videocon-Industries-Interest-Refund-Granted-Date-Commissioners-CESTAT-TAXSCAN.jpg "Relief to Videocon Industries, Interest of Refund allowable even if Refund was Granted after 3 Months from Date of Commissioners Order: CESTAT [Read Order]")
![Interest amount paid by Indian branch to Foreign Head Office is not taxable in India under India France DTAA: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Interest-amount-paid-by-Indian-branch-to-Foreign-Head-Office-taxable-in-India-under-India-France-DTAA-ITAT-TAXSCAN.jpg "Interest amount paid by Indian branch to Foreign Head Office is not taxable in India under India France DTAA: ITAT [Read Order]")
![Disallowance of Interest on Delayed TDS Deposit and Service Tax without Bifurcation: ITAT directs Re-Adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Disallowance-of-Interest-Disallowance-Delayed-TDS-Deposit-TDS-Deposit-Service-Tax-without-Bifurcation-Service-Tax-Bifurcation-taxscan-ITAT-directs-Re-Adjudication-ITAT-Re-Adjudication-taxscan.jpg "Disallowance of Interest on Delayed TDS Deposit and Service Tax without Bifurcation: ITAT directs Re-Adjudication [Read Order]")
Incentive or Commission Received by Travel Agency from Amadeus India not liable to Tax u/s 65(19) of Finance Act: CESTAT [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), observed that the incentive or commission received by the Travel Agency from Amadeus India not liable to tax...
![Incentive or Commission Received by Travel Agency from Amadeus India not liable to Tax u/s 65(19) of Finance Act: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Incentive-Commission-Travel-Agency-Amadeus-India-Tax-Finance-Act-CESTAT-TAXSCAN.jpg "Incentive or Commission Received by Travel Agency from Amadeus India not liable to Tax u/s 65(19) of Finance Act: CESTAT [Read Order]")
Interest on Delayed Payment for Supply of Services Included in Value of Supply & Liable to GST: AAR [Read Order]
The West Bengal Authority for Advance Ruling (AAR) has held that interest on delayed payment for supply of services shall be included in the value of Supply making it liable to Goods and Services Tax...
![Interest on Delayed Payment for Supply of Services Included in Value of Supply & Liable to GST: AAR [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Interest-Payment-Supply-Services-Included-in-Value-Supply-Liable-to-GST-AAR-TAXSCAN.jpg "Interest on Delayed Payment for Supply of Services Included in Value of Supply & Liable to GST: AAR [Read Order]")
No Disallowance can be made in the Absence of Interest Received on Debit: ITAT deletes Addition [Read Order]
The Jodhpur bench of the Income Tax Appellate Tribunal held that when the interest is not received no disallowance can be made. The assessee marched the appeal on the ground that on the facts and...
![No Disallowance can be made in the Absence of Interest Received on Debit: ITAT deletes Addition [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/No-Disallowance-Absence-of-Interest-Received-on-Debit-ITAT-deletes-Addition-Interest-Received-on-Debit-Interest-Received-taxscan.jpg "No Disallowance can be made in the Absence of Interest Received on Debit: ITAT deletes Addition [Read Order]")
No Documentary Evidence Showing Verification of Records by Auditor: ICAI Reprimands CA along With Fine for Professional Misconduct [Read Notification]
The Institute of Chartered Accountants of India (ICAI) reprimanded the Chartered Accountant (CA) along with a fine as he was found to be guilty of professional misconduct falling within the meaning...
LPG stored in ‘bullet’ Storage Facility not Storage and Warehousing Services u/s 65(102) of Finance Act: CESTAT
The Chennai Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT), ruled that Liquified Petroleum Gas (LPG) stored in ‘bullet’ storage facility not Storage and Warehousing Services...
Demand of Interest and Penalty Provisions under Central Excise Rules: Madras HC directs Department to consider Representation by Steel Manufacturing Unit [Read Order]
The Madras High Court directed the Department to consider Representation by Steel Manufacturing Unit in the matter of the demand of interest and penalty provisions under the Central Excise Rules,...
![Demand of Interest and Penalty Provisions under Central Excise Rules: Madras HC directs Department to consider Representation by Steel Manufacturing Unit [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Demand-Interest-Penalty-Provisions-Central-Excise-Madras-HC-Department-Representation-Steel-Manufacturing-Unit-TAXSCAN.jpg "Demand of Interest and Penalty Provisions under Central Excise Rules: Madras HC directs Department to consider Representation by Steel Manufacturing Unit [Read Order]")
Late Filing of GSTR-3B for entire Financial Year except 2 months: Commercial Tax Officer of Karnataka imposes 18% interest on Net Tax Liability
The Karnataka Commercial Tax Officer (CTO) has applied an 18% interest rate on the net tax liability due to the delayed submission of GSTR-3B for the complete 2017-18 fiscal year, excluding only...
