News Muncher - category drawback

2 weeks, 2 days ago

FOB Value Of Goods Can't Be Modified By Anyone Including Any Customs Officer: CESTAT

Live Law

The New Delhi Bench of Customs, Excise, and Service Tax Appellate Tribunal has stated that no stranger to the contract, including any Customs officer has any right to interfere with the Free on Board value of the goods. Tribunal's Observation The bench opined that no stranger to the contract, including any Customs officer has any right to interfere with the …

Customs Tribunal Officer Goods Stat Drawback Fob Value

1 month, 1 week ago

Disabling 'Regional Lock' Of Phone To Allow Use Outside India Doesn't Make It 'Used Goods' Ineligible For Duty Drawbacks: Delhi High Court

Live Law

The Delhi High Court has held that merely unlocking/ activating a new mobile phone by disabling the “regional lock” which is put by original equipment manufacturers to restrict usage to a specific geographical location, does not make the mobile phone a “used” good. In the case at hand, Petitioners' claim of duty drawbacks on export of unlocked/ activated mobile phones …

India Court Mobile Phones Mobile Customs Duty Process

4 months, 2 weeks ago

Tax Monthly Digest: October 2024

Live Law

Kerala High Court Strikes Down Rule 96 of CGST Rules Retrospectively, Finds Them Ultra Vires To CGST Act The Kerala High Court struck down Rule 96 of the Central Goods and Service Tax Rules holding that it was ultra vires to the Section 16 of the Integrated Goods and Service Tax Act and was manifestly arbitrary. Condonation Of Delay Application …

India Justice Mumbai Supreme Court Tax Court Bombay High Court

1 year, 4 months ago

IGST Refund On Exported Goods Being Zero Rated Supplies Admissible As Excess Drawback Repaid: Gujarat High Court

Live Law

The Gujarat High Court has ruled that the surplus drawback resulting from the utilization of the Cenvat Credit facility was repaid along with interest, and thus, the refund of Integrated Goods and Services Tax paid on goods and services for exported goods, classified as zero-rated supplies, is deemed eligible. The petitioner, ADF Foods Ltd., challenged the inaction on the part …

Court Case Rated Goods Refund Igst Cenvat

1 year, 5 months ago

How to use iMessage on any ANDROID device (with one tiny drawback)

Daily Mail

With 1.3 billion iPhone users worldwide, iMessage reigns as the supreme messaging app - and Android users are not invited to the party. Android users can download several apps to access iMessage, which also comes with the iconic 'blue bubbles.' You can get iMessage working on any device AirMessage AirMessage offers a simple way to get iMessage running on your …

Google Android App Account Mac Imessage Your Mac

1 year, 7 months ago

China leads aviation boom across Asia but here's the drawback of its travel rebound

Hindustan Times

After years of pent-up demand for leisure and business travel due to the ravages of Covid-19, millions of Chinese are taking to the skies again as the nation leads an aviation boom across Asia. China leads aviation boom across Asia but here's the drawback of its travel rebound China’s return is thought to be the final missing piece in the …

Travel China Aviation Oil Fuel Demand Jet

1 year, 7 months ago

Income Would Accrue Only When The Assessee Gets A Right To Receive The Income: ITAT

Live Law

The Bangalore Bench of the Income Tax Appellate Tribunal has held that the income would be receivable only when the income accrues to the assessee, and the income would accrue to the assessee only when the assessee gets such a right to receive the income.The bench of George George K. and Laxmi Prasad Sahu has observed that the assessee would …

Tax Duty Income Interest Right Receive Itat

1 year, 9 months ago

Chatroom: 'Interest can be claimed on delayed payment of drawback'

Business Standard

The Principal Commissioner recently disposed of our Revision Application, filed under Section 129DD of the Customs Act, in our favour. In accordance with Para 5 of notification no.76/2021-Cus dated September 23, 2021, the exporter must, in case of a shortfall in realisation of export credits, repay the amount of duty credit, along with interest, at the rate as fixed under …

Customs Duty Interest Export Act Gst Igst

1 year, 11 months ago

S. 80-IB Of Income Tax Act - Assessee Not Entitled To Deduction Under On Profit Derived From DEPB And Duty Drawback Schemes: Supreme Court

Live Law

The Supreme Court has ruled that the assessee is not entitled to deduction under Section 80- IB of the Income Tax Act, 1961 on the amount received / profit derived from the Duty Entitlement Pass Book Scheme and the Duty Drawback Schemes. The court noted that in the case of Liberty India, the Apex Court had observed and held that …

Supreme Court Tax Court Income Tax Duty Income Profit

2 years, 2 months ago

100 Important High Court Judgments of GST in 2022

Live Law

Allahabad High Court: Allahabad High Court Stays GST Demand On Payment Of Royalty To Conduct Mining Activity Case Title: M/s Jitendra Singh versus Union of India The Allahabad High Court bench of Justice Saumitra Dayal Singh has stayed the GST demand on payment of royalty to conduct mining activity. Show Cause Notice Cancelling GST Registration Must Disclose Reason: Allahabad High …

India Karnataka Justice High Court Tax Court Bombay High Court

2 years, 3 months ago

Delhi High Court Weekly Round-Up: November 28 To December 4, 2022

Live Law

Citations NOMINAL INDEXRavinder Kumar Aggarwal versus Income Tax Officer 2022 LiveLaw 1125 PARLE PRODUCTS PRIVATE LIMITED vs BRITANNIA INDUSTRIES LTD 2022 LiveLaw 1126 RK vs State 2022 LiveLaw 1127 DELHI WAQF BOARD THROUGH ITS CHAIRMAN vs GOVERNMENT OF NCT OF DELHI AND ANR. Notice Under Section 148 Of Income Tax Act Against A Struck-Off Company Valid, In View Of Subsequent …

India Delhi High Court Delhi High Court External Affairs Nclt Singh

2 years, 4 months ago

Delhi High Court Monthly Digest: October 2022 [Citations 926 - 1026]

Live Law

Citations 2022 LiveLaw 926 TO 2022 LiveLaw 1026 NOMINAL INDEX Satyendra Kumar Jain v. ED 2022 LiveLaw 926 MICROMAX MEDIA PVT LTD v. M/S HEWLETT PACKARD INDIA SALES PVT LTD & ORS. Delhi Govt Yet To Constitute State Mental Health Authority Under 2017 Act, Existing Panel Cannot Continue: High Court Title: ABC v. GOVERNMENT OF NCT OF DELHI AND ORS …

India Mumbai Supreme Court High Court Court Civil Procedure Indian

2 years, 5 months ago

Tax Cases Weekly Round-Up: 9 October To 15 October, 2022

Live Law

Supreme court Case Title: Tata Motors Limited Versus Central Sales Tax Appellate Authority & Others Citation: 2022 LiveLaw 847 The Supreme Court has directed the state of Andhra Pradesh to transfer to Jharkhand the amount of central sales tax deposited by Tata Motors with respect to the sale of buses to the Andhra Pradesh State Road Transport Corporation. Versus Commissioner …

India Justice Tax Customs Income Tax Title Jharkhand

2 years, 5 months ago

Delhi High Court Weekly Round-Up: October 10 To October 16, 2022

Live Law

Citations 2022 NOMINAL INDEX CIT Versus Travelport L.P. USA 2022 LiveLaw 946 Dharampal Satyapal Limited & Anr. Judicial Officer With 10 Yrs Standing Competent To Hear Appeals Under Public Premises Unauthorised Occupants Act: Delhi High Court Case Title: M/S Young Men S Tennis Club v. NDMC Citation: 2022 LiveLaw 954 The Delhi High Court has made it clear that a …

India Justice Arbitration Court Income Tax Delhi High Court Indian Penal Code

2 years, 6 months ago

EOU Entitled To Claim Deemed Export Drawback On Inputs Which Remained Unutilized With Then-Existing DTA Unit: Delhi High Court

Live Law

The Delhi High Court has held that duty drawback for goods should extend to unutilized goods which were available at the time of conversion of the Domestic Tariff Area unit into a 100% Export Oriented Unit. The issue raised was whether the petitioner is entitled to duty drawback, confined to customs duty component, against deemed exports, even where it has …

Duty Export Ted Claimed Petitioner Cenvat Credit Dta

2 years, 9 months ago

Science for All | What are soft robots?

The Hindu

This article forms a part of the Science for All newsletter that takes the jargon out of science and puts the fun in! Soft robots are robots that are flexible and unlike their hard-edged cousins can be used to perform more delicate manoeuvres, such as reaching into difficult crevices or holding onto delicate objects. Researchers have now developed soft robots …

Robots Soft Ribbon Soft Robots

3 years, 5 months ago

区分名词：shortcoming、drawback 和 demerit

China Daily

区分名词：shortcoming、drawback 和 demerit Play audio file 内容简介一位网友想知道名词 “shortcoming”、“drawback” 和 “demerit” 有什么区别。这三个名词都可以用来谈论事物相对欠缺的方面，但它们并不完全相同。哪个词最正式？哪个词的复数形式常用来表示一个人的 “短板”？哪个词可以指 “学校因学生违规或犯错而记下的过失分”？本期节目辨析这三个近义词的含义和用法。欢迎你加入并和我们一起讨论英语学习的方方面面。请通过微博 “BBC英语教学” 或邮件与我们取得联系。我们的邮箱地址是 questions.chinaelt@bbc.co.uk 文字稿（关于台词的备注: 请注意这不是广播节目的逐字稿件。本文稿可能没有体现录制、编辑过程中对节目做出的改变。） Jiaying 大家好，欢迎收听 BBC英语教学的 “你问我答” 节目，我是佳莹。这档节目回答广大的听众朋友们在英语语言和英国文化方面遇到的疑问。本期节目的问题来自一位网友，问题由我来代读。 Question Hello, I have a question. Jiaying 谢谢这位网友的问题。上述三个词都可以用来表示 “某事物总体水平不达标” 或者 “某件事情的缺点”，所以在一些情况下，它们可以互换使用，而句子的大体含义不变。比如，听下面的三个例句，每句话中分别使用了名词 “shortcoming、drawback” 和 “demerit” 的复数形式。 Examples The shortcomings of the plan were obvious in the final presentation. （住在城市的一个坏处是噪音污染水平高。） Jiaying 下面，来看 “demerit”。名词 “demerit” 更正式，很少在日常口语会话中使用，它表示某件事情的 “缺陷，劣势”。在这种情况下，“demerits” …

Bbc Demerit Drawback Shortcoming 和 Demerit

4 years ago

Siddharth Nigam: Don’t take spotlight as a drawback

Hindustan Times

While many actors have been vocal about how growing up in the spotlight comes with its own cons, actor Siddharth Nigam has a different story to tell. The actor, who first got noticed at 13 for portraying a young Aamir Khan in Dhoom 3, says he doesn’t look at the spotlight as a drawback, rather as a blessing. Siddharth Nigam …

Nigam Siddharth Nigam

11 years, 6 months ago

Centre rationalises duty drawback rates

The Hindu

In a bid to provide a further impetus to exports which rose to a two-year high of 13 per cent in August following an improved global situation, the government on Saturday rationalised the rates of duty drawback and expanded the list of items under the tax refund scheme for exporters. “With the revised rates, the Central Government will continue to …

Duty Rates Export Duty Drawback Drawback Duty Drawback Rates

15 years, 5 months ago

AEPC seeks hike in duty drawback rates

The Hindu

The Apparel Export Promotion Council has urged the Centre to immediately hike duty drawback rates to offset losses being incurred by exporters due to appreciating value of the rupee. The council wanted the drawback rates to be increased from the present level of 8 to 10 per cent to at least 13.25 per cent on the grounds that the rupee …

Cent

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Articles for Drawback

FOB Value Of Goods Can't Be Modified By Anyone Including Any Customs Officer: CESTAT

Disabling 'Regional Lock' Of Phone To Allow Use Outside India Doesn't Make It 'Used Goods' Ineligible For Duty Drawbacks: Delhi High Court

Tax Monthly Digest: October 2024

IGST Refund On Exported Goods Being Zero Rated Supplies Admissible As Excess Drawback Repaid: Gujarat High Court

How to use iMessage on any ANDROID device (with one tiny drawback)

China leads aviation boom across Asia but here's the drawback of its travel rebound

Income Would Accrue Only When The Assessee Gets A Right To Receive The Income: ITAT

Chatroom: 'Interest can be claimed on delayed payment of drawback'

S. 80-IB Of Income Tax Act - Assessee Not Entitled To Deduction Under On Profit Derived From DEPB And Duty Drawback Schemes: Supreme Court

100 Important High Court Judgments of GST in 2022

Delhi High Court Weekly Round-Up: November 28 To December 4, 2022

Delhi High Court Monthly Digest: October 2022 [Citations 926 - 1026]

Tax Cases Weekly Round-Up: 9 October To 15 October, 2022

Delhi High Court Weekly Round-Up: October 10 To October 16, 2022

EOU Entitled To Claim Deemed Export Drawback On Inputs Which Remained Unutilized With Then-Existing DTA Unit: Delhi High Court

Science for All | What are soft robots?

区分名词：shortcoming、drawback 和 demerit

Siddharth Nigam: Don’t take spotlight as a drawback

Centre rationalises duty drawback rates

AEPC seeks hike in duty drawback rates