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Central Excise - Highlights / Catch Notes

Home Highlights November 2012 Year 2012 This

Authorization for Search – search after surrender of ...

Central Excise

November 15, 2012

Authorization for Search – search after surrender of registration - search of another company without separate authorization held as not illegal - HC

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  1. Discontinuation of printing of Advance Authorisations/Export Promotion Capital Goods (EPCG) Authorisations on security paper by DGFT for authorisations issued with EDI...

  2. Forex losses are business losses and related to pre search period - allowed to be set off u/s 70(1) with the income surrendered during search - AT

  3. Validity of search and authorization for conducting search - It is clear from the record that apart from the directions issued in terms of the order dated 05.04.2023,...

  4. Assessment u/s 153A - Name not appearing on warrant or authorization (WOA) - search being authorized in the name of more than one person - decided against the assessee - AT

  5. Search u/s 132 - prohibitory orders passed u/s 132(3) - Since pre-conditions had not been satisfied, the warrant of authorisation would have to be quashed - HC

  6. Addition of taxable wealth of the assessee because of surrender of the cash found in locker during the course of search confirmed - AT

  7. Viability of taxing amount deposited in bank accounts which assessee contended to be out of income surrendered during search operations - Addition is directed to be deleted - AT

  8. Search - Registration after search - filing of consolidated return would not entitle to file an application before settlement commission - HC

  9. Refund of accumulated CENVAT Credit - export of services - appellant has a huge credit which is now lying with the Revenue; the appellant has surrendered its Service Tax...

  10. Cash Refund of unutilized CENVAT credit - closure of factory and surrendered registration certificate - It will be more appropriate if the questions are considered by...

 

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