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Chennai, February 03, 2016 ST - CENVAT Credit cannot be denied on ground that Head Office is not registered as Input Service Distributor: CESTAT

Mumbai, February 03, 2016 Cus - Appellant is a repeat offender - appellant has also repeatedly changed his stand regarding ownership of Indian currency - proceedings against others who gave cash to appellant and who was to receive in Dubai are still in abeyance - it is improper to allow redemption of seized currency: CESTAT

Bangalore, February 03, 2016 I-T - Whether proceedings u/s 263 only on ground that AO has not assigned reasons for accepting valuation of work in progress can be sustained when Tribunal has recorded finding that AO has applied his mind to the case - NO: HC

Mumbai, February 03, 2016 CENVAT - Insurance Services - Rule 2(l) - When cost of any service is included to determine valuation of final product, CENVAT credit cannot be denied of such tax paid on services: CESTAT

Mumbai, February 03, 2016 COFEPOSA - Law and our Constitutional framework demand that actions that curtail personal liberty must be taken swiftly and accurately - detention order is vitiated by delay of three months and four days: HC

New Delhi, February 02, 2016 Major structural shift in North Block: Govt sets up Tax Policy Research Unit & Tax Council as recommended by TARC

New Delhi, February 02, 2016 Cus - It is not date of knowledge of mis-declaration that is relevant but date of clearance of goods under a B/E which contained such mis-declaration and/or undervaluation - SCN not time barred: High Court

Mumbai, February 02, 2016 Under Customs Act, undisputedly a Partnership firm is not given status of separate legal entity - Thus, in absence of invoking Sec 140, no separate penalties under Sec 112 would be imposed simultaneously on firm and its partners: HC Larger Bench

Mumbai, February 02, 2016 Cus - As per notes to Drawback schedule, drawback is allowed on an 'ensemble' i.e a set of garments comprising of upper and lower parts - therefore, exporter's claim of drawback separately on Jackets & Pants is an error but malafide intention cannot be ascribed to invoke penalty: CESTAT

New Delhi, February 02, 2016 I-T - Whether when AO has elaborately discussed Sec 14A and disallowed certain amount, a challenge by the AO before CIT(A) is to be considered as intention to review his earlier order - YES: HC

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