Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
Subscription fees received for providing online access to market research reports on the pharmaceutical sector were assessed as "royalty" deemed to accrue or arise in India under the Indo-Switzerland tax treaty. The tribunal held that the receipts were for providing information and reports without conferring any copyright or similar intellectual property right, and the customer merely obtained access to the content through an online platform; therefore, the consideration did not fall within the treaty definition of "royalty." The addition treating subscription fees as taxable royalty was deleted and the assessment order was set aside, resulting in the appeal being allowed. - ITAT
Subscription fees received for providing online access to market research reports on the pharmaceutical sector were assessed as "royalty" deemed to accrue or arise in India under the Indo-Switzerland tax treaty. The tribunal held that the receipts were for providing information and reports without conferring any copyright or similar intellectual property right, and the customer merely obtained access to the content through an online platform; therefore, the consideration did not fall within the treaty definition of "royalty." The addition treating subscription fees as taxable royalty was deleted and the assessment order was set aside, resulting in the appeal being allowed. - ITAT
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