Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
CESTAT denied CENVAT credit claims totaling Rs.80,95,227/- for advertising and tour operator services. Credit was disallowed on three grounds: advertising services related to products manufactured at a different unit than where credit was claimed; tour operator services fell under the exclusion clause of "input service" definition; and certain invoices were not in appellant's name, violating Rule 9(2) requirements. Despite appellant's pre-notice reversal of credits, CESTAT upheld extended period of limitation and penalties under Rule 15(2) CCR read with Section 11AC(1)(c), finding intentional suppression of material facts. The tribunal affirmed the original order, dismissing the appeal and requiring appropriation of reversed credits to government account.
CESTAT denied CENVAT credit claims totaling Rs.80,95,227/- for advertising and tour operator services. Credit was disallowed on three grounds: advertising services related to products manufactured at a different unit than where credit was claimed; tour operator services fell under the exclusion clause of "input service" definition; and certain invoices were not in appellant's name, violating Rule 9(2) requirements. Despite appellant's pre-notice reversal of credits, CESTAT upheld extended period of limitation and penalties under Rule 15(2) CCR read with Section 11AC(1)(c), finding intentional suppression of material facts. The tribunal affirmed the original order, dismissing the appeal and requiring appropriation of reversed credits to government account.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
