Authentication of paper assessment orders upheld, while qualifying repairs, consumables and vendor advance write-offs remain deductible business claim...
Transaction value cannot be rejected solely on non-statutory valuation guidelines without corroborative evidence supporting reassessment of final cust...
Cross-examination rights and corroborated evidence limit customs penalties for misdeclaration in genuine import transactions involving documented clea...
Tariff classification of vehicle gear components follows the specific gearing entry, displacing motor-vehicle parts classification and related liabili...
A statutory electricity regulatory commission's tariff, licensing and allied regulatory functions were held to be adjudicatory and regulatory in nature, not trade, commerce or business. Fees collected for discharging those functions were therefore not consideration for a taxable supply, and the Schedule III exclusion for services by courts and tribunals applied. The Court further held that no artificial bifurcation between regulatory and quasi-judicial functions was permissible. As the commission stood on the same footing as the regulatory commission considered in the earlier Delhi High Court ruling, the notices and orders seeking to levy service tax and GST were ex facie unsustainable and were set aside.
A statutory electricity regulatory commission's tariff, licensing and allied regulatory functions were held to be adjudicatory and regulatory in nature, not trade, commerce or business. Fees collected for discharging those functions were therefore not consideration for a taxable supply, and the Schedule III exclusion for services by courts and tribunals applied. The Court further held that no artificial bifurcation between regulatory and quasi-judicial functions was permissible. As the commission stood on the same footing as the regulatory commission considered in the earlier Delhi High Court ruling, the notices and orders seeking to levy service tax and GST were ex facie unsustainable and were set aside.
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