News Update

 
Page 421
Mumbai, August 27, 2015
CX - While arriving at AV for RSP, an amount of abatement specified by notification can only be deducted - there is no provision under law to exclude warranty charges from RSP: CESTAT
 
New Delhi, August 26, 2015
CX - Classification - Vaseline Intensive Care Heel Guard is medicament: SC
 
New Delhi, August 26, 2015
Central Excise - Valuation - Cash Discount has to be taken into account in arriving at 'price' even under Section 4 as amended in 2000: Supreme Court
 
Bangalore, August 26, 2015
Customs - Interest on delayed refund - High Court condemns high-handedness of department - holds interest is payable after expiry of three months from date of claim - Awards additional interest of 9% on interest
 
Allahabad, August 26, 2015
I-T - Relief for UP Chief Minister's wife - Whether genuinity of loan transaction can be doubted merely on ground of its acceptance in cash, when cash is duly reflected in books and routed through banking channel - NO, rules High Court
 
Ranchi, August 26, 2015
ST - Litigants should not suffer due to fault of their Advocate - Appeal should have been decided on merits and not on mere technicalities - Delay of 536 days in filing appeal condoned: High Court
 
Allahabad, August 25, 2015
CX - Provisional Assessment - Rule 7 of CER, 2002 - Interest is leviable even where differential duty was paid prior to finalisation of assessment - Bombay HC decisions in CEAT & Ispat Industries disagreed: Allahabad HC
 
Chennai, August 25, 2015
Demand of duty on Fly Ash post 01.03.2011 - Generation of Fly Ash involves no manufacturing process - High Court quashes demand at SCN stage
 
New Delhi, August 25, 2015
CX - S.9/9AA - Demand of duty set aside by CESTAT - Quashing of FIR sought - since petitioners have alternate remedy to seek discharge from trial court, High Court not inclined to exercise its inherent jurisdiction u/s 482 of CrPC: HC
 
Bangalore, August 25, 2015
I-T - Whether, to prove point that land was used for agricultural purposes, assessee is required to furnish some accounts of expenses incurred for sowing crops and also revenue generated by selling agri produce - YES: HC
 
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