Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
Employee stock-shortage penalties do not constitute consideration for services, preventing GST collection under Schedule II in employment relationship...
CESTAT allowed appeal concerning CENVAT credit on Smart-Cards sent to STB manufacturer for testing and pairing. Tribunal held appellant was not required to reverse CENVAT credit under Rule 3(5) as Smart-Cards were ultimately used for providing DTH Broadcasting services. Rule 4(5)(a)(i) permits CENVAT credit when inputs are sent to job worker for processing and returned within prescribed timeframe. Appellant's accounting records adequately demonstrated compliance with Rule 4(5)(a) requirements for tracking movement of Smart-Cards to job worker and their return with STBs. Department's reliance on Non-Ferrous Industries case distinguished as it pertained to different statutory framework under Central Excise Rules, 1944. Appeal sustained as case fell within Rule 4(5)(a) scope.
CESTAT allowed appeal concerning CENVAT credit on Smart-Cards sent to STB manufacturer for testing and pairing. Tribunal held appellant was not required to reverse CENVAT credit under Rule 3(5) as Smart-Cards were ultimately used for providing DTH Broadcasting services. Rule 4(5)(a)(i) permits CENVAT credit when inputs are sent to job worker for processing and returned within prescribed timeframe. Appellant's accounting records adequately demonstrated compliance with Rule 4(5)(a) requirements for tracking movement of Smart-Cards to job worker and their return with STBs. Department's reliance on Non-Ferrous Industries case distinguished as it pertained to different statutory framework under Central Excise Rules, 1944. Appeal sustained as case fell within Rule 4(5)(a) scope.
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