Patent-settlement expenditure treated as commercially expedient revenue outlay, with foreign-law restrictions inapplicable before the prospective amen...
International transaction benchmarking restricts transfer pricing adjustments to associated-enterprise dealings, while functional comparability govern...
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Passenger baggage re-export requires true declaration and cannot be granted indirectly through discretionary redemption of undeclared prohibited goods...
The appellate tribunal addressed two main issues regarding the non-payment of service tax by the appellant. Firstly, it examined the non-payment of service tax on ground rent of empty containers and found in favor of the appellant due to the benefit of cum tax being granted after remand. Secondly, it scrutinized the non-payment of service tax for handling empty containers. Despite circulars suggesting that handling could fall under taxable services, the tribunal ruled that since the containers were not stored or warehoused before handling, they did not qualify for taxation under Storage and Warehousing Services. Furthermore, the activity did not meet the criteria for Cargo Handling Service.
The appellate tribunal addressed two main issues regarding the non-payment of service tax by the appellant. Firstly, it examined the non-payment of service tax on ground rent of empty containers and found in favor of the appellant due to the benefit of cum tax being granted after remand. Secondly, it scrutinized the non-payment of service tax for handling empty containers. Despite circulars suggesting that handling could fall under taxable services, the tribunal ruled that since the containers were not stored or warehoused before handling, they did not qualify for taxation under Storage and Warehousing Services. Furthermore, the activity did not meet the criteria for Cargo Handling Service.
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