Deductibility for charitable donations affirmed where payments to approved relief funds, even if CSR-driven, qualify under the donation deduction sche...
Mis-declaration in import descriptions must be deliberate to justify confiscation; withheld contemporaneous import documents invalidate value redeterm...
Liability for EPCG export shortfall: duty and interest sustained, but confiscation and penalties quashed where no fraud and causes beyond importer con...
Input tax credit was allowed on inputs and input services used to construct a concrete VCV tower supporting the VCV line for manufacture of EHV cables. The Authority held that the controlling question under section 17(5)(c) and (d) was whether the tower was foundation or structural support of plant and machinery. As the tower was indispensable for holding, stabilising and supporting the vertically laid manufacturing line and maintaining its integrity and efficiency, it fell within the Explanation to section 17 as plant and machinery. The exclusion for land, building or other civil structures was held not to cover such structural support, so the blocked-credit bar did not apply.
Input tax credit was allowed on inputs and input services used to construct a concrete VCV tower supporting the VCV line for manufacture of EHV cables. The Authority held that the controlling question under section 17(5)(c) and (d) was whether the tower was foundation or structural support of plant and machinery. As the tower was indispensable for holding, stabilising and supporting the vertically laid manufacturing line and maintaining its integrity and efficiency, it fell within the Explanation to section 17 as plant and machinery. The exclusion for land, building or other civil structures was held not to cover such structural support, so the blocked-credit bar did not apply.
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