GST Portal Update: GSTN to Soon Enable Registration Facility for TDS u/s 51 of GST Act for Scrap Dealers
The Goods and Services Tax Network ( GSTN ), vide its advisory issued on October 13, 2024 has notified to enable the registration facility in the GST...
![Not Enough Evidence to Prove Illegal Procurement of Plastic Scrap from Nepal: CESTAT quashes Confiscation Order, Redemption Fine and reduces Penalty [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/Plastic-Scrap-from-Nepal-CESTAT-Confiscation-Order-Redemption-Fine-Penalty-taxscan.jpg "Not Enough Evidence to Prove Illegal Procurement of Plastic Scrap from Nepal: CESTAT quashes Confiscation Order, Redemption Fine and reduces Penalty [Read Order]")
![Relief to ESSA Exports: CESTAT deems seized goods to be ‘scrap’ [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ESSA-Exports-CESTAT-Customs-duty-Corroborative-evidence-Imported-pipes-taxscan.jpg "Relief to ESSA Exports: CESTAT deems seized goods to be ‘scrap’ [Read Order]")
Mere opening, breaking or uncorking of liquor bottle by twisting seal not amounts to “Scrap” from “Mechanical Working of Material” u/s 206C of Income Tax Act: Madras HC [Read Order]
In a recent decision the Madras High Court observed that mere opening, breaking or uncorking of liquor bottle by twisting seal not amounts to “scrap” from “mechanical working of material” under...
![Mere opening, breaking or uncorking of liquor bottle by twisting seal not amounts to “Scrap” from “Mechanical Working of Material” u/s 206C of Income Tax Act: Madras HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Liquor-Bottle-Taxation-Madras-High-Court-Mechanical-Working-of-Material-Tax-on-Liquor-Sales-Scrap-Liquor-Bottle-taxscan.jpg "Mere opening, breaking or uncorking of liquor bottle by twisting seal not amounts to “Scrap” from “Mechanical Working of Material” u/s 206C of Income Tax Act: Madras HC [Read Order]")
![Value of Scrap Cleared by Paying Excise Duty cannot be Included in Assessable Value: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Paying-Excise-Duty-Value-of-Scrap-Assessable-Value-CESTAT-paying-excise-duty-of-scrap-taxscan.jpg "Value of Scrap Cleared by Paying Excise Duty cannot be Included in Assessable Value: CESTAT [Read Order]")
![Benefits of Segregation can be allowed only if Imported Scrap Contains Impurities: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Benefits-of-Segregation-Imported-Scrap-Contains-Impurities-CESTAT-TAXSCAN.jpg "Benefits of Segregation can be allowed only if Imported Scrap Contains Impurities: CESTAT [Read Order]")
![Excise Duty not demandable on Scrap cleared on which CENVAT Credit not availed: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/11/Duty-demandable-Scrap-cleared-CENVAT-Credit-CESTAT-TAXSCAN.jpg "Excise Duty not demandable on Scrap cleared on which CENVAT Credit not availed: CESTAT [Read Order]")
Value of Scrap generated after Manufacture not Includable in Assessable Value: CESTAT quashes Excise Duty Demand [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the value of scrap arising during the process of manufacture and retained by the job worker is includible in the value of...
![Value of Scrap generated after Manufacture not Includable in Assessable Value: CESTAT quashes Excise Duty Demand [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Scrap-Manufacture-CESTAT-Excise-Duty-Demand-taxscan.jpg "Value of Scrap generated after Manufacture not Includable in Assessable Value: CESTAT quashes Excise Duty Demand [Read Order]")
Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune Bench allowed the claim of deduction under section 80IC of the Income Tax Act in respect of sale of scrap. The Assessee, M/s. Finolex Cables Limited...
![Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/12/Finolex-Cables-ITAT-claim-of-deduction-sale-of-scrap-Taxscan.jpg "Relief to Finolex Cables: ITAT allows claim of deduction u/s 80IC in respect of Sale of Scrap [Read Order]")
Sale of Scrap not includible in Total Turnover or Local Turnover as It is not assessee’s Main Business: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) in the case of Universal Precision Screws Vs. JCIT wherein held that the amount of sale of scrap is not includible in the total turnover or local turn over as...
![Sale of Scrap not includible in Total Turnover or Local Turnover as It is not assessee’s Main Business: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2016/03/Sale-of-Scrap-Tax-Scan.jpg "Sale of Scrap not includible in Total Turnover or Local Turnover as It is not assessee’s Main Business: ITAT [Read Order]")