Indirect Tax Weekly Flashback for the period 25 To 31 May 2025.
Supreme Court
Section 27 of the Customs Act not applicable when refund sought is wrongly invoked by Bank: Supreme Court
The Supreme Court ruled that Section 27 of the Customs Act is not applicable when the refund sought is wrongly invoked by bank.
Delhi High Court
Delhi High Court Acquits Man Caught With 24 Gold Biscuits at IGI Airport, Cites Touchstone Test By Goldsmith
The Delhi High Court has acquitted a man who was caught with 24 gold biscuits at IGI Airport on the ground that the goldsmith conducted a touchstone test.
Himachal Pradesh High Court
Private Universities Not Liable To Pay Tax On Supply Of Food Stuff To Students: Himachal Pradesh High Court
The Himachal Pradesh High Court has held that private universities are not liable to pay tax on supply of food stuff to students.
CESTAT
100% Cenvat Credit on Management Consultancy Services in Rambagh Palace Hotel Case Allowed: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that 100% Cenvat Credit on Management Consultancy Services Under Rule 6(5) of Cenvat Credit Rules, 2004 (CCR) in Rambagh Palace Hotel Case.
Service Tax Can’t Be Levied On Notional Interest Calculated By Dept. On Interest Free Security Deposit: CESTAT
The Delhi Bench of Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that service tax cannot be levied on the notional interest calculated by the department on the interest free security deposit.
Read More: GST Weekly Flashback: 25 To 31 May 2025
