- Mandatory deposit u/s 35F can’t be made of Debit in Electronic Credit Ledger under GST: CESTAT
- Creditworthiness of Lender not proved: Allahabad HC upholds order u/s 148A(d) as Legal
A division Bench of the Allahabad High Court upheld the order under Section 148(d) as legal on the ground that the creditworthiness of lender not proved by the petitioner.
- Allegation of Bogus Purchase on borrowed satisfaction from VAT Dept. without Proper Cross-Verification: ITAT deletes Addition
The Income Tax Appellate Tribunal (ITAT), Mumbai Bench has deleted the addition made on the allegation of bogus purchase on borrowed satisfaction from the Value added tax (VAT) department without proper cross-verification.
- Mere introduction of Actual Importer to IEC holder does not attract Penalty u/s 112(b) of Customs Act: CESTAT
The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), New Delhi has held that the mere introduction of an actual importer to Importer – Exporter Code (IEC) holder does not attract a penalty under section 112(b) of the Customs Act
- CBIC clarifies BCD Rate applicable on Display Assembly for Manufacture of a Cellular Mobile Phone
The Central Board of Indirect Taxes and Customs (CBIC) has issued a clarification regarding the applicability of the Basic Customs Duty (BCD) rate on display assembly for use in the manufacture of cellular mobile phones and inputs or parts for use in the manufacture of a display assembly for use in the manufacture of a cellular mobile phone.
- CESTAT Weekly Round-Up
This weekly round-up analytically summarizes the key stories related to the Customs, Excise, and Service Tax Appellate Tribunal (CESTAT) reported at Taxscan.in during the previous week from August 20to August 26, 2022.
- Supreme Court and High Courts Weekly Round-Up
This weekly round-up analytically summarises the key stories related to the Supreme Court and High Court reported at Taxscan.in during the previous week from August 20 to August 27, 2022.
- Interest on Refund is allowable for amount deposited during Investigation: CESTAT
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT) of New Delhi has held that the interest on refund is allowable for amount deposited during investigation.
- Tamil Actor Vijayakant gets Partial Relief from ITAT
The Income Tax Appellate Tribunal (ITAT), Chennai bench has granted partial relief to the Tamil movie actor Vijayakant in various income tax issues.
- Anna Malai Mithai is ‘Sweetmeat’ under 2106 90 of GST Tariff: AAR
The Authority for Advance Ruling (AAR), Madhya Pradesh ruled that Anna Malai Mithai is “sweetmeat” under 2106 90 of GST Tariff.
11) Mandatory deposit u/s 35F can’t be made of Debit in Electronic Credit Ledger under GST: CESTAT
The Allahabad bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) has held that the mandatory deposit under section 35F of the Central Excise Act, 1944 can’t be made of debit in an electronic credit ledger under GST.
Source Taxmann/Taxscan
