Treaty benefit, goodwill depreciation and hedging costs: export commission disallowed, while key business deductions and depreciation claims succeeded...
Undisclosed foreign asset classification requires an unexplained source; unrebutted affidavits and corroborative evidence defeated the Black Money Act...
Refund of Cenvat Credit - 100% EOU / STPI unit - Export of services as well as providing services to Domestic Tariff Area (DTA) units - The tribunal upheld the orders denying the refund claims and the imposition of penalties, stating that the appellant’s operations did not comply with the legal requirements for separate entity maintenance and tax liabilities on inter-unit services.
Refund of Cenvat Credit - 100% EOU / STPI unit - Export of services as well as providing services to Domestic Tariff Area (DTA) units - The tribunal upheld the orders denying the refund claims and the imposition of penalties, stating that the appellant’s operations did not comply with the legal requirements for separate entity maintenance and tax liabilities on inter-unit services.
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