· Cenvat credit and refund thereof can't be denied merely on ground of non-registration
· Service tax is not payable on concessional rent recovered from employees.
· The notional surplus earned from sale and purchase of space on the vessel and not by giving service to the client, is not liable to Service tax.
· Operation of plant of client is covered under ‘Business Support service rather than ‘Maintenance or Repair service’, hence exempt from Service tax prior to May 1, 2011
· The Due date of filing ST 3 return has been extended from April 25 to April 29, 2016, relating to period from October 1, 2016 to March 31, 2016.
· Excise duty is not leviable on packing material used in relation to export of goods, even if it is discarded as scrap at port.
· Appeal filed by revenue without authorisation is invalid, even if authorisation letter submitted later.
· The Writ Court can interfere even at the stage of issuance of show cause notice.
· Interest and Penalty cannot be imposed, if show cause notice neither demanded the duty/Cenvat nor determined any duty/Cenvat.
· In respect of manufacturer exporter ICD/Port is the place of removal.
· CBEC has clarified with regard to disposal of call block cases, decided by courts or board has issued clarification on that matter.
· Sub-committee of the High level committee is constituted, to submit report on the imposition of Central Excise duty on jewellery.
· The time limit for taking Excise registration by the jewellers has been extended upto July 1, 2016.
· Bagasse, Dross and Skimmings of non-ferrous metals or
any such by product or waste will be treated as non-excisable goods.
· Import of second hand capital goods is not restricted even if cut into small pieces of different sizes.
· New condition cannot be imposed by way trade notice in the absence of any amendment to Import-Export policy framed by Central Government by publishing a notification.
· The procedure is simplified for import of goods for maintenance, repair or overhauling of aircraft by the units engaged in the said activities.
· Know Your Customer (“KYC”) norms relaxed by CBEC, which is to be followed by the courier companies.
· Registration documents is not be demanded by the customs officers, in relation to goods not specified under the Legal Metrology Act, 2009.
· Bond is to be re-credited without any delay at destination Air cargo complexes, instruction issued by CBEC.
· Import or inter-state supply of goods which is integrally connected with the contract for their supply to DMRC, is exempt from taxation under the DVAT Act, 2004
· Due date of filling online return for quarter ending March 31, 2016 has been extended upto July 31, 2016.
AUTHOR: RAJA BABU
We are a team of energetic Tax professionals & TaxPayers,
having positive approach to provide problem solution & to share our experiences and Knowledge in the field of Income tax ,Service Tax Excise and other Financial Matters
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