Alternative statutory remedy and unexplained delay barred writ review of customs confiscation adjudication, leaving merits for appellate consideration...
Authorised courier due diligence protects against penalties where declared exports conceal prohibited goods despite proper documentation and customs p...
Customs-controlled container movement now extends to DP World facilities, subject to segregation, inspections, reconciliation, and EXIM cargo priority...
Reversal of proportional CENVAT Credit - trading activity - The Revenue argued that the appellant did not exercise the option u/r 6(2) in writing before the jurisdictional officer, therefore, the reversal of proportionate credit does not apply. - The Tribunal upheld the Commissioner's decision to allow the reversal of proportionate credit, considering that the appellant predominantly engaged in taxable services mainly exports, and the trading activity was minimal during the relevant period. Relying on precedents and amendments to the law in the Finance Act, 2016, the Tribunal found no merit in the Revenue's appeal against the demand.
Reversal of proportional CENVAT Credit - trading activity - The Revenue argued that the appellant did not exercise the option u/r 6(2) in writing before the jurisdictional officer, therefore, the reversal of proportionate credit does not apply. - The Tribunal upheld the Commissioner's decision to allow the reversal of proportionate credit, considering that the appellant predominantly engaged in taxable services mainly exports, and the trading activity was minimal during the relevant period. Relying on precedents and amendments to the law in the Finance Act, 2016, the Tribunal found no merit in the Revenue's appeal against the demand.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
