SC issues notice to Revenue
in appeal against Delhi CESTAT decision which confirmed excise duty demand on
HR coils that were cut away during manufacture of MS spirally welded pipes;
While affirming the adjudication order, CESTAT had rejected assessee’s claim
that slitting of HR coils was a separate process which did not amount to
manufacture; Appreciating the process of manufacture of spirally welded pipes,
CESTAT had noted that cutting away of uneven edge of HR coils could not be
considered as independent process inasmuch as it was process carried out by way
of preparation in continuous process leading to finished product, viz. pipes;
There was no dispute that pieces of HR coils which were cut away were nothing
but scrap, it had to be considered as emerging in the manufacture of finished
product only and therefore, the same was liable to excise duty; CESTAT had also
rejected assessee’s claim of benefit under Notification No. 89/95-CE which
exempted waste and scrap arising in course of manufacture of exempted goods,
observing that while assessee claimed exemption under Notification No.
6/2006-CE to clear pipes, it also cleared goods on payment of excise duty :
SC
Subscribe to:
Post Comments (Atom)
No Permanent Establishment Unless Proven by the Revenue
The Income Tax Appellate Tribunal (Delhi Bench) recently in the case of SAIC clarified an important principle in international taxation: th...
-
A new website launched for TDS related matters www.tdscpc.gov.in TRACES – T DS R econciliation A nalysis and C orrection E nabling S yste...
-
The Central Board of Direct Taxes (CBDT) released the Draft Income Tax Rules, 2026 on February 7, 2026. It has invited suggestions and opi...
-
These instructions are guidelines for filling the particulars in this Return Form. In case of any doubt, please refer to relevant provisi...
-
An eminent concern within the GST framework pertains to the entitlement of Input Tax Credit (ITC) concerning expenditures associated with In...
-
The posting had been move to another website. Please click the link below to get the access of the same. https://taxofindia.wordpress....
-
This Tax Alert summarizes a recent ruling of Customs, Excise and Service Tax Appellate Tribunal, Ahmedabad (CESTAT) [1] . The issue invo...
-
Section 68 -Cash credits Section 69 -Unexplained investments Section 69A - Unexplained money, etc Section 69B -Amount of investme...
-
On payment of Contractor, Publisher, Ad-Service Provider etc. above Rs. 20000/- in the financial year, then the TDS is must be deducted u...
-
Anna Covaco is trying to sell her ancestral property - a piece of land worth nearly Rs 10 crores in today's market. Being a senior cit...
-
PENSION SCHEME IN CASE OF AN E MPLOYEE JOINING CENTRAL GOVERNMENT OR ANY OTHER EMPLOYER ON OR AFTER JANUARY 1,2004 New pension s che...
No comments:
Post a Comment