Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Central Excise - Highlights / Catch Notes

Home Highlights March 2017 Year 2017 This

Reversal of credit on input services proportionate to the ...


Court Overturns Demand Due to Lack of Evidence in SCN; Rule 14 of Cenvat Credit Rules Not Justified.

March 28, 2017

Case Laws     Central Excise     AT

Reversal of credit on input services proportionate to the trading activity - there is no allegation in the said SCN that the appellants had taken credit of any inadmissible Cenvat credit - SCN did not make out a case for invocation of provisions of Rule 14 of Cenvat Credit Rules, 2004 - demand set aside - AT

View Source

 


 

You may also like:

  1. In a dishonored cheque case, the SC overturned the High Court's decision, ruling that the complainant is not obligated at the threshold to prove financial capacity to...

  2. CESTAT allowed the appeal, holding that the refund claim arising from a successful challenge to an adjudication order constitutes consequential relief exempt from time...

  3. ITAT allowed the taxpayer's appeal, rejecting the AO's disallowance of commission and sales incentives. The tribunal found no principal-agent relationship exists between...

  4. CESTAT adjudicated customs duty exemption for digital still image video cameras, overturning the Commissioner (Appeals) order. The Tribunal held that the imported...

  5. SC affirmed the Trial Court's conviction of the accused for bribery offenses under Sections 7 and 13(1)(d) read with Section 13(2) of Prevention of Corruption Act, 1988....

  6. HC held that the amalgamated company was entitled to adjust the written down value of assets based on actual depreciation, despite not obtaining Central Government...

  7. HC held that the investment write-off claimed as a tax deduction was valid. The investment was made in furtherance of the company's memorandum of association objectives...

  8. HC overturned GST registration cancellation where authorities had cancelled registration upon finding business premises closed during inspection. Petitioner demonstrated...

  9. CESTAT allowed conversion of shipping bills from DEEC scheme to drawback scheme, overturning the denial based on tariff classification dispute between CTH 6204 and 6104....

  10. HC overturned rejection of sales tax registration application, ruling that non-residency in Andhra Pradesh cannot be grounds for denial under APGST Act. The court...

  11. ITAT held that gains from sale of trademarks "Coldarin" and "Raricap" acquired prior to 01/04/1998 qualify as Long Term Capital Gains, not Short Term Capital Gains....

  12. HC allowed appeals, holding appellant's activities qualified as "relief of the poor" under Section 2(15) for charitable purpose definition and Section 11 exemption...

  13. SC overturned Division Bench's interference with arbitral award concerning contract interpretation between NHAI and contractor regarding geogrid quantities. Court held...

  14. ITAT affirmed weighted deduction eligibility u/s 35(2AB) for in-house scientific research expenditure. While R&D expenses incurred within India qualify for weighted...

  15. HC overturned denial of input tax credit (ITC) u/s 16(4) of CGST/SGST Acts. Court acknowledged petitioner's claim regarding eligibility under newly notified Section...

 

Quick Updates:Latest Updates