Service of notice and contractual debt acknowledgment preserved insolvency admission against a corporate guarantor despite limitation and natural just...
Original works exemption excludes standalone boulder transportation, leaving subcontracted railway-project transport services subject to service tax l...
Annual production capacity determinations excluding stenter galleries support refunds for unconstitutional excise levies without an unjust-enrichment ...
Vicarious liability for cheque dishonour requires specific allegations of responsibility and cheque signatory; generic director allegations cannot sus...
IT Resilience Index requires market infrastructure institutions to automate resilience scoring, early warnings, and continuous service-delivery monito...
The coordinate benches of the Tribunal have consistently decided the issue of availment of CENVAT credit by insurance companies on invoices issued by dealers or manufacturers, holding that such credit is permissible when service tax has undisputedly been paid to the government. The High Court cannot sit in appeal over its earlier final order in the same matter. The doctrine of precedents mandates that a coordinate bench is bound by the final order of another coordinate bench. The dissent by the Member (Technical) of the Tribunal, derogating from the consistent view of coordinate benches, and referring the matter to a Third Member, is impermissible. Consequently, the prejudicial portion of the order by the Member (Technical) is quashed.
The coordinate benches of the Tribunal have consistently decided the issue of availment of CENVAT credit by insurance companies on invoices issued by dealers or manufacturers, holding that such credit is permissible when service tax has undisputedly been paid to the government. The High Court cannot sit in appeal over its earlier final order in the same matter. The doctrine of precedents mandates that a coordinate bench is bound by the final order of another coordinate bench. The dissent by the Member (Technical) of the Tribunal, derogating from the consistent view of coordinate benches, and referring the matter to a Third Member, is impermissible. Consequently, the prejudicial portion of the order by the Member (Technical) is quashed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
