![Interest not Payable for Intervening Period when Sufficient Balance is Maintained in CENVAT Credit Account: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/WhatsApp-Image-2024-08-23-at-15.30.05_b4d29f0b.jpg "Interest not Payable for Intervening Period when Sufficient Balance is Maintained in CENVAT Credit Account: CESTAT [Read Order]")
Interest not Payable for Intervening Period when Sufficient Balance is Maintained in CENVAT Credit Account: CESTAT [Read Order]
The Kolkata Bench of Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) has held that interest not payable for intervening period when...
![Benefit u/s 80G of Income Tax Act Cannot be Denied due to Technical Error in Making Application For Final Approval: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/ITAT-Income-Tax-Act-Income-Tax-Appellate-Tribunal-Kolkata-bench-of-ITAT-Donations-Taxscan.jpeg "Benefit u/s 80G of Income Tax Act Cannot be Denied due to Technical Error in Making Application For Final Approval: ITAT [Read Order]")
![Gold cannot be Confiscated without Proof of Foreign Marking or Smuggling u/s 123 of Customs Act: CESTAT sets aside Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/cestat-taxnews-gold-smuggling-customs-act-customs-news-cestat-news-Customs-Excise-and-Service-Tax-Appellate-Tribunal-taxscan.jpg "Gold cannot be Confiscated without Proof of Foreign Marking or Smuggling u/s 123 of Customs Act: CESTAT sets aside Order [Read Order]")
![Mere Suspicion cannot be a Ground for Issuance of Notice u/s 148 of the Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Suspicion-mere-suspicion-tax-news-tax-scan.jpg "Mere Suspicion cannot be a Ground for Issuance of Notice u/s 148 of the Income Tax Act: ITAT [Read Order]")
![Mineral/Dressing of ore not Important to Formation of Concentrate: CESTAT upholds Taxability of Ore under Excise Tariff Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Mineral-CESTAT-TAXSCAN.jpg "Mineral/Dressing of ore not Important to Formation of Concentrate: CESTAT upholds Taxability of Ore under Excise Tariff Act [Read Order]")
Disallowance u/s 14A shall not be made when No Demonstrable Evidence has been shown against Expenditure related to Earning of Tax-Free Income: ITAT [Read Order]
The Kolkata bench of the Income Tax Appellate Tribunal (ITAT) held that the disallowance under Section 14A of the Income Tax Act, 1961 shall not be made when no demonstrable evidence has been shown...
![Disallowance u/s 14A shall not be made when No Demonstrable Evidence has been shown against Expenditure related to Earning of Tax-Free Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Tax-Free-Income-ITAT-Disallowance-Demonstrable-Evidence-taxscan.jpg "Disallowance u/s 14A shall not be made when No Demonstrable Evidence has been shown against Expenditure related to Earning of Tax-Free Income: ITAT [Read Order]")
![NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Penalty-CIRP-NCLT-penalty-taxscan.jpg "NCLT dismisses CIRP Application aimed to avoid Income Tax Liability, slaps Rs 1 Lakh Penalty [Read Order]")
![CESTAT Quashes Denial of Customs Duty Exemption on ground of Procedural Lapse [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-Procedural-Lapse-Customs-Duty-taxscan.jpg "CESTAT Quashes Denial of Customs Duty Exemption on ground of Procedural Lapse [Read Order]")
![Procedural Lapse Cannot Impede Grant of Substantive Benefit of Customs Duty: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Customs-Duty-Impede-Grant-Substantive-Benefit-Procedural-Lapse-taxscan.jpg "Procedural Lapse Cannot Impede Grant of Substantive Benefit of Customs Duty: CESTAT [Read Order]")
Goods supplied to Mega Power projects based on International competitive bidding are Eligible for Excise Duty Exemption: CESTAT [Read Order]
The Kolkata Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that the goods supplied to mega power projects based on International competitive bidding are eligible for...
![Goods supplied to Mega Power projects based on International competitive bidding are Eligible for Excise Duty Exemption: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-competitive-bidding-International-competitive-bidding-Excise-Duty-taxscan.jpeg "Goods supplied to Mega Power projects based on International competitive bidding are Eligible for Excise Duty Exemption: CESTAT [Read Order]")
CESTAT Set Asides Rejection of declared unit value of imported Auto Parts on ground of absence of Undervaluation [Read Order]
The Kolkata bench of the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) quashed the rejection of the declared unit value of imported auto parts on the ground of absence of...
![CESTAT Set Asides Rejection of declared unit value of imported Auto Parts on ground of absence of Undervaluation [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/imported-Auto-Parts-CESTAT-Undervaluation-Rejection-taxscan.jpg "CESTAT Set Asides Rejection of declared unit value of imported Auto Parts on ground of absence of Undervaluation [Read Order]")
No re-enhancement of value possible once value of goods was enhanced and paid Customs duty thereon: CESTAT [Read Order]
The Kolkata bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) held that re-enhancement of value for assessment purposes, undertaken when the goods were already assessed and...
![No re-enhancement of value possible once value of goods was enhanced and paid Customs duty thereon: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-customs-duty-re-enhancement-taxscan.jpg "No re-enhancement of value possible once value of goods was enhanced and paid Customs duty thereon: CESTAT [Read Order]")